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Superannuation in Australia, or "super", is a savings system for workplace pensions in retirement. It involves money earned by an employee being placed into an investment fund to be made legally available to members upon retirement. Employers make compulsory payments to these funds at a proportion of their employee's wages.
The Superannuation Act ... on 16 December 2010 and passed into law. ... of 15 months' pay for voluntary departures and 12 months' pay for compulsory departures, will ...
The compulsory employer contributions were branded "Superannuation Guarantee" (SG) contributions. [27] As a result of this policy, along with the gradual increases in the minimum contribution amount, Australia grew to become the fourth largest holder of pension fund assets in the world, with a balance of nearly AU$3 trillion in superannuation ...
The Overseas Superannuation Act 1991 (c. 16) The British Council and Commonwealth Institute Superannuation Act 1986 (c. 51) The Local Government Superannuation Act 1953 (1 & 2 Eliz. 2. c. 25) The Local Government Superannuation Act 1939 (2 & 3 Geo. 6. c 18) The Local Government Superannuation (Scotland) Act 1937 (1 Edw. 8 & 1 Geo. 6. c. 69)
An Act to amend the law with respect to the superannuation benefits of persons who have served in the permanent Civil Service of the State; to provide for the amendment of section one of the Superannuation Act, 1887, and for the modification or revocation of the rules made under section six of that Act; and for purposes connected with the ...
TikTok will be banned in the United States on Jan. 19, 2025, after a federal appeals court rejected its bid to overturn the ban that President Biden signed in April. The law states that if TikTok ...
An Act to provide for the dedication of land to forestry purposes; for the deduction from compensation of grants made by the Forestry Commissioners in the event of compulsory purchase of the land in respect of which the grants were made; and for the execution on behalf of the Secretary of State of instruments relating to land placed at the ...
The Third Labour Government had passed the New Zealand Superannuation Act 1974 requiring employees and employers to make matching compulsory contributions to a superannuation fund from 1 April 1975. This was to be administered by the Superannuation Board. [2]