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| Historically workers in the
construction industry accrued 13 weeks after 15 years of service, with
pro-rata entitlements, under certain circumstances, occurring after seven
years or ten years of service. Employees who had 15 years reckonable
service* in the
construction industry become automatically entitled to 13 weeks long service
leave.
Effective 1 January 2006 workers commenced accruing 13 weeks after 10 years of service. Existing benefits were not converted. Workers in effect, as from the January 2006 return, started accruing leave quicker! Pro-rata entitlements still apply. After 55 days: on death or permanent disability and after 2 years on retirement or (note: these apply only if at the time the worker was engaged in relevant employment and if the permanent disability is of such a nature that the worker cannot return to employment within the industry). An employee who has more than 7 years reckonable service* can still claim a pro-rata entitlements from the scheme if they terminate their employment due to the following reasons: Termination by the employer (other than for serious and wilful misconduct). You terminated your employment on account of a domestic or other pressing necessity. You terminated your employment on account of your illness or incapacity (of such a nature as to justify the termination), and the illness or incapacity prevented you from engaging in relevant employment. Subsequent entitlements are payable upon the completion of each additional 5 years of reckonable service*. *TasBuild Limited maintains detailed records of the reckonable service of all employees in respect of whom returns and contributions are submitted by employers. Service statements are sent to employees who have worked within the construction industry within the last four years on an annual basis. Entitlement payments are calculated based on the current wage and employment status at the time the entitlement is claimed (or last service that the Trustee has recorded on the system for the worker). Upon applying for an entitlement from the scheme a current pay slip is obtained from the worker and confirmation of the current wage is also obtained from the employer before the entitlement is paid. To apply for long service simply contact TasBuild and request an application form or download one. Tax is deducted from long service payments at the rate specified by the Australian Taxation Office and a Payment Summary provided for taxation purposes. Payments can only be made in minimum weekly lots. Entitlement payments are generally made on the 15th & 30th of each month, however should you require your payment to be made on a specific date please request this with TasBuild staff. Payments are made directly into the workers bank account. |