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RESIDENTIAL TENANCIES AND ROOMING ACCOMMODATION AND OTHER LEGISLATION AMENDMENT ACT 2024 - SECT 100

Replacement of s 220A (Amount of yearly contributions—permanent employees)

100 Replacement of s 220A (Amount of yearly contributions—permanent employees)

Section 220A
omit, insert—

220A Amount of yearly contributions—permanent employees
(1) A permanent employee of a local government or local government entity (each an
"employer" ) must make a yearly contribution to the relevant fund for the employee.
(2) The amount of the yearly contribution is the amount prescribed by regulation.
(3) However, if the permanent employee is not a defined benefit member, the employee may change the amount of the yearly contribution to a particular rate of the employee’s salary.
(4) For subsection (3)—
(a) the rate may be 0%; and
(b) the employee must give the employer notice of the change.
(5) Despite subsection (1), the permanent employee need not make the yearly contribution if the employer makes the contribution, in accordance with the employee’s remuneration agreement, as well as the yearly contribution the employer is required to make under section 220.
(6) If subsection (5) applies, despite any other Act the employer may deduct all or part of the yearly contribution from—
(a) the permanent employee’s salary; or
(b) any money the permanent employee owes to the employer.
(7) If subsection (5) applies and the permanent employee changes the amount of the yearly contribution under subsection (3), the change takes effect at the start of the employee’s first pay period, after notice of the change is given under subsection (4)(b), by which the employer can practicably implement the change.
(8) If the permanent employee is required under an industrial instrument to make superannuation contributions, the superannuation contribution required under the industrial instrument is not in addition to the yearly contribution the employee is required to make under this section.
(9) Subsections (1) and (5) are subject to section 220B.



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