Sentences with phrase «level of superannuation»
The definition of «salary or wages» is relevant in calculating the superannuation guarantee shortfall of individual employees where their employer has not provided the required minimum level of superannuation support.
https://www.ato.gov.au/ Not exact matches
As a general rule they are used as the basis for measuring the level of employer super contributions under the Superannuation Guarantee (Administration) Act 1992.
Generally your employer's default superannuation fund must offer you a minimum level of life cover depending on your age (e.g. $ 50,000) which you can choose to maintain or increase.