AT806816CRV - Hairdressing and Beauty Services - Victoria - Award 2001 [Transitional]
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22.1 Employer contributions
An employer must contribute on behalf of each employee, superannuation payments in accordance with the Superannuation Guarantee Legislation to either of the funds prescribed by this clause, based on the employee’s ordinary pay. Such payments are to be made at least monthly.
22.2 Fund
Payments under this clause may be made to either the Hair and Beauty Industry Superannuation Trust (HABIST) or the Retail Employees Superannuation Trust (REST).
22.3 Ordinary pay
Ordinary pay in this clause means the employee’s normal weekly earnings including any overaward and/or merit payments, casual loadings, penalty rates and/or shift loadings (but excluding any bonus, commission payment for overtime or other extraordinary payment, remuneration or allowance).
22.4 Employee contributions
An employee who wishes to make contributions to the fund additional to those required by the employer in 22.1, is entitled to authorise the employer to pay into the fund from the employee’s wages, an amount specified by the employee. Employee contributions to the fund requested under this clause must be made under the rules of the fund.
22.5 Employer to continue participation
An employer who participates in either of the funds prescribed in this clause must not cease participation in that fund whilst employing any eligible employee.
22.6 Employer failure to participate in fund
An employer who has failed to make contributions, in accordance with 22.1 should upon acceptance by the relevant Trustee make a once only contribution from the period from when the obligation commenced to either of the funds in respect of each eligible employee equivalent to the contributions which would have been payable under 22.1.
22.7 Existing arrangements
No employer is to be excluded from this clause on the basis of existing voluntary superannuation arrangements.