INTEGRAL ENERGY CONDITIONS OF EMPLOYMENT AWARD 2003

 

INDUSTRIAL RELATIONS COMMISSION OF NEW SOUTH WALES

 

Application by Electrical Trades Union of Australia, New South Wales Branch, industrial organisation of employees.

 

(No. IRC 2409 of 2005)

 

 

VARIATION

 

1.          Insert after subclause 3.17, of clause 3, Contract of Employment, of the award published 15 August 2003 (340 I. G. 949), the following new subclause:

 

3.18      Superannuation

 

(i)         Default Superannuation Scheme

 

Subject to the provisions of relevant superannuation legislation, employees under this Award will have their Superannuation contributions paid into the Energy Industries Superannuation Scheme (EISS).

 

(ii)        Salary Sacrifice To Superannuation

 

(a)        An employee may elect in lieu of being paid an amount of Award Wages to have an equivalent amount paid by way of Superannuation contributions in accordance with the relevant provisions of the EISS.

 

(b)        Subject to the provisions of relevant superannuation legislation, these contributions shall be paid to the EISS.

 

The employee’s election to vary their superannuation benefit must be in writing and would occur no more than once per calendar year, with effect from 1 July each year.

 

2.          This variation shall take effect from the first full pay period to commence on or after 19 May 2005.

 

 

 

R. W. HARRISON  D.P.

 

 

 

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Printed by the authority of the Industrial Registrar.