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Labour Relations Act, 1995 (Act No. 66 of 1995)

Notices

South African Road Passenger Bargaining Council

Extension to Non-Parties of the Main Collective Agreement

25. Retirement Fund

 

25.1 Membership of Retirement Fund is compulsory in respect of all Employees.

 

25.2 The Employer's contribution to such fund shall not be less than 10% of the Employee's basic wage.

 

23.3 The Employee's contribution to such fund shall not be less than 7.5% of the Employee's basic wage.