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Monash University Enterprise Agreement (Trades and Services Staff – Building and Metal Trades Staff) 2009
Part 2 – Conditions Of Employment
Section 2 – University and Staff Members’ Duties, Employment Relationship and Related Arrangements
16. Fractional Appointment Scheme for Retirement Planning Purposes
Trades and Services Staff who wish to reduce their time commitment during the latter part of their careers at the University may apply for the voluntary fractional employment scheme detailed below.
16.1 Participation in the scheme is voluntary.
16.2 Trades and Services Staff are eligible to participate in the scheme when they are within five years or less of being eligible to receive a retirement benefit from their superannuation scheme. Trades and Services Staff need not be full-time (1.0) to be eligible.
16.3 Fractional appointments are to be limited to fractions of not less than 0.3 and not more than 0.8 of full-time.
16.4 Eligible Trades and Services staff members will transfer to a fractional fixed-term contract of no greater than five years in length with the University paying a subsidy to maintain any employer contributions to UniSuper (or equivalent State Superannuation provisions) at the rate applicable for the former substantive continuing appointment. The reduced fraction may be varied in accordance with the terms of the fixed term contract, including reverting to the Trades and Services Staff member's original fraction.
16.5 The Trades and Services staff member will make superannuation employee contributions at the level appropriate to his/her new fraction of appointment. The University will also provide a subsidy payment sufficient to ensure the retention of superannuation benefits appropriate to the former substantive continuing appointment.
16.6 The workload and pattern would be determined by the head of the administrative unit and approved by the head of the administrative group, according to a role and responsibilities, agreed between the Head and the staff member, appropriate to the fraction of full-time appointment.
16.7 Further reductions in fraction, within the specified limits, may be agreed at any time, to a new fraction of not less than 0.3.
16.8 Annual leave, sick leave and long service leave will accrue at the new fractional rate with adjustment of entitlement to provide fully for prior service. The fraction of appointment may be adjusted for a period to facilitate clearing any excess annual and long service leave credits i.e. over 30 days and 109.2 days respectively.
16.9 The Deputy Vice-Chancellor, on the recommendation of the Dean or equivalent, may approve a request for early retirement with supplementary payment based on an appropriate scheme being available and any benefit normally being determined against the former substantive appointment with the retirement benefit reduced by supplementary payments made under this scheme.