Common use of Superannuation arrangements Clause in Contracts

Superannuation arrangements. (1) The employer contribution rates for employees who are members of the PSSap will be 15.4% of the fortnightly contribution salary or such higher amount as may be set out in the PSSap Trust Deed. (2) Where an employee has chosen a superannuation fund other than the PSSap the employer contribution rates and arrangements will be the same as for members of the PSSap. Transitional provisions apply to specified employees. Refer Schedule 4, Part 4. (3) The Secretary may limit the superannuation funds to which an employee may choose to have employer superannuation contributions made to funds: (a) that allow the Department to make a superannuation contribution for the benefit of the employee by means of an electronic funds transfer; and (b) that accept a remittance advice in the form preferred by the Department.

Superannuation arrangements. (1) The employer contribution rates for employees who are members of the PSSap will be 15.4% of the fortnightly contribution salary or such higher amount as may be set out in the PSSap Trust Deed. (2) Where an employee has chosen a superannuation fund other than the PSSap the employer contribution rates and arrangements will be the same as for members of the PSSap. Transitional provisions apply to specified employees. Refer Schedule 4, Part 4. (3) The Secretary may limit the superannuation funds to which an employee may choose to have employer superannuation contributions made to funds: (a) that allow the Department to make a superannuation contribution for the benefit of the employee by means of an electronic funds transfer; and (b) that accept a remittance advice in the form preferred by the Department.. Division 3.5 Individual flexibility arrangements