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AP791396CRV - National Electrical, Electronic and Communications Contracting Industry Award 1998

19. SUPERANNUATION

19.1 Employers’ superannuation obligations

19.1.1 Employers bound by this award shall contribute to an approved industry superannuation fund in respect of each employee such contributions as required to comply with the Superannuation Guarantee (Administration) Act 1992 and the Superannuation Guarantee Charge Act 1992 as amended from time to time or such contributions as agreed from time to time by the CEPU and NECA.

[19.1.2 substituted by R7670 ppc 30Jun99]

19.1.2 Contributions to comply with the Superannuation Guarantee legislation are calculated as a percentage of ordinary time earnings on behalf of each eligible employee as follows:

Financial Year

Percentage

   

1996 - 1997

6%

1997 - 1998

6%

1998 - 1999

7%

1999 - 2000

7%

2000 - 2001

8%

2001 - 2002

8%

2002 - 2003 & beyond

9%

[19.1.3 inserted by PR928470 ppc 05Mar03]

The term includes any regular overaward pay as well as casual rates received for ordinary hours of work. All other allowances and payments are excluded. [Note: for the purposes of this subclause “ordinary hours of work” includes ordinary hours of shiftwork where applicable].”

19.2 Employees to sign application form for superannuation

Employees shall upon commencement of employment complete and submit the signed application form for membership of the approved superannuation scheme to which the employer contributes.

19.3 Superannuation definitions

For the purposes of this award approved industry superannuation scheme is the nominated industry superannuation scheme CONNECT (and NESS in the Australian Capital Territory) or the superannuation scheme for which exemption from the industry superannuation scheme has been granted by its Trustee.

19.4 Superannuation agreements to apply

Where applicable the terms and conditions governing the implementation of superannuation and its continued operation shall be as provided in the Superannuation Agreement between the parties to this award, including the following:

19.4.1 In Tasmania

APPENDIX B - Agreement Superannuation of Part E of the 1992 award.

19.4.2 In South Australia

The terms and conditions governing the implementation of superannuation and its continued operation shall be as provided in the agreement titled Electrical Contracting - South Australia Superannuation Agreement dated May 1990.

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