Superannuation Explained (Allowance File)
Dec 17, 2024
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🎯 Below is an example of Award Transport or Fares Allowance (Private Purposes) (S&W & OTE). To view the exact settings for the Allowance you require, please access System Default Allowances to select the one you wish to view.
OTE (SGAA) determines if the amount associated with this Allowance is considered to be Ordinary Time Earnings per the Superannuation Guarantee (Administration) Act. If the checkbox is not selected, the Pay Rate is not considered to be Ordinary Time Earnings per the Superannuation Guarantee (Administration) Act.
OTE (Industrial Instrument) determine if the amount associated with this Allowance is considered to be Ordinary Time Earnings per the Industrial Instrument the Payee has been hired.
