20. Payment of contributions

Terms defined in s 3

• contribution

  contribution

  Defined · s 3

  “contribution” means the sum of money payable to the Organization by an employer in respect of an insured person and includes any amount payable by or on behalf of the insured person in accordance with this Act;

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• employee

  employee

  Defined · s 3

  “employee” means a person who is employed for wages under a contract of service or apprenticeship with an employer, whether the contract is expressed or implied or is oral or in writing, on or in connection with the work of an industry to which this Act applies;

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• minimum retirement age

  minimum retirement age

  Defined · s 3

  “minimum retirement age” has the meaning assigned to it in the Minimum Retirement Age Act 2012.

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• wages

  wages

  Defined · s 3

  “wages” means all remunerations payable in money by an employer to an employee including any payment in respect of leave, holidays, overtime and extra work on holidays but does not include— Employment Insurance System 11 (a) any contributions payable by the employer to any pension fund, social security fund or provident fund; (b) any traveling allowance or the value of any traveling concession; (c) any sum paid to the employee to pay for special expenses incurred as a result of his employment; (d) any gratuity payable on discharge or retirement; (e) any annual bonus; (f) any benefit under any other written law administered by the Organization; and (g) any other remuneration as prescribed;

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