Additional Employer Superannuation Contribution Sample Clauses

Additional Employer Superannuation Contribution. 44.4.1 All employees will receive a 1% increase to their employer superannuation contribution in addition to their existing arrangements effective from 19 December 2008 (SGC+5% = 14% in total) with a further 1% increase effective from 19 December 2009 (SGC +6% = 15% in total). The above increases are in addition to the Commonwealth Government Superannuation Guarantee, which may be varied from time to time. Therefore, should any increase to the Commonwealth Government Superannuation Guarantee occur during the nominal term of this Agreement, the EnergyAustralia additional increases stated above will not be absorbed by any future government increases.
View SourceView Similar (3)
Additional Employer Superannuation Contribution. 17.4.1 All employees, except those who are members of the Defined Benefit Superannuation Scheme and subject to clause 17.4.2 below will: (a) receive a superannuation contribution of 15%; (b) from 1 September 2023, receive a superannuation contribution of 15.5% (comprising the Commonwealth Government Superannuation Guarantee Contribution (SGC) and additional employer superannuation contribution). 17.4.2 Persons covered by this Agreement who are in the Defined Benefit Superannuation Scheme will receive a super contribution of 6% in addition to the required employer contribution applicable to the Defined Benefit Superannuation Scheme. 17.4.3 Notwithstanding 17.4.1 (b) and 17.4.2 should any increase to the SGC occur during the life of this Agreement these increases will be absorbed.
View Source
Additional Employer Superannuation Contribution. (a) Notwithstanding the provisions of subclause 11.2, it is agreed that from the first pay period on or after 1 July 2005, the Employer will maintain an Employer funded superannuation contribution of 1% of salary above the superannuation guarantee rate as prescribed by superannuation legislation, however this additional payment shall only be available to those Employees who themselves also contribute a co-payment equal to the additional 1% being paid by the Employer. (b) The additional contributions referred to above in paragraph 10.3(a), shall be made to a fund defined in subclause 11.1. (c) Any current superannuation payment made by the Employee to a fund defined in subclause 10.1 that is equal to, or greater than, the 1% referred to above shall be deemed to satisfy this requirement. Support Staff (Daramalan College, Marist College Canberra, and St Edmund’s College, Canberra) Multi-Enterprise Agreement 2023
View Source

Related to Additional Employer Superannuation Contribution

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Additional Employee Benefits Sec. 2201

  • Provisional Employees A provisional employee is an employee who is either (1) in the first three years of employment by a school district; or (2) in the first year of employment at a school district but has at least two years of employment by another Washington school district. Rights of provisional employees are defined by state statute. The probationary process is not applicable to provisional employees.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Seasonal Employee Seasonal employee" means an employee who is appointed for no more than ten months during any 12 consecutive months but who is expected to return to work year after year.