Examples of Salary Sacrifice Arrangement in a sentence
The additional pay component provided under an ARIn may be used for the purposes of salary sacrifice arrangements in accordance with the Salary Sacrifice Arrangement provisions of this Agreement.
Neither the Paying Authority nor the office holder shall assign sub-contract or otherwise transfer any of its rights or obligations pursuant to the Salary Sacrifice Arrangement whether in whole or in part without the prior written consent of the other party.
It is advisable to contact the centres as early as possible .For further information, including contact details, visit www.equity.auckland.ac.nz/cpc Salary Sacrifice and ECE feesThe University of Auckland has a voluntary Salary Sacrifice Arrangement (SSA) for staff who have children in any of the University-based Early ChildhoodEducation (ECE) Centres, including Kōhanga reo and Kōhungahunga.
What is a Salary Sacrifice Arrangement (SSA)?A SSA is an arrangement between the University and a staff member whereby the staff member agrees to reduce his/her base salary for future pay periods by a specified annual amount agreed in advance, and a University-based ECE Centre provides the staff member childcare services equivalent in value to the amount of the reduction in the staff member’s pay.
The office holder acknowledges that he/she has sole responsibility for seeking independent and personal financial advice with respect to his or her acceptance of Salary Sacrifice and the Salary Sacrifice Arrangement and that this is not a matter for the Paying Authority at all.