AP792378CRV - Pastoral Industry Award 1998

10. SUPERANNUATION LEGISLATION

Note: The Superannuation Legislation Amendment (Choice of Superannuation Funds) Act 2005 provides that individual employees generally have the opportunity to choose their own superannuation funds. For further information see the AIRC guidance note — Choice of Superannuation Funds and Award Provisions

10.1 The subject of superannuation is dealt with extensively by legislation including the Superannuation Guarantee (Administration) Act 1992, the Superannuation Guarantee Charge Act 1992, the Superannuation Industry (Supervision) Act 1993 and Superannuation (Resolution of Complaints) Act 1993. This legislation, as varied from time to time, governs the superannuation rights and obligations of the parties.

10.2 Employers and employees may agree to place statutory superannuation contributions into any superannuation fund complying with the aforementioned legislation. In default of agreement, such contributions are to be placed in the Australian Primary Industry Superannuation Fund.

10.2.1 in respect of any employee to whom this clause applies, the employee’s “notional earnings base” for the purpose of the Superannuation Guarantee (Administration) Act shall be that employee’s “ordinary time earnings”. For the purpose of this subclause “ordinary time earnings” means either:

10.2.2 in the case of an employee employed pursuant to Part 2 of this award the total amount of gross wages paid for the period of shearing or crutching operation (as the case may be); or

10.2.3 in the case of an employee to whom Part 3 of this award applies, the rate for that employee’s classification under this award, together with overaward payments (where relevant).