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

Notices

National Textile Bargaining Council: Extension to Non-parties of the Main Collective Agreement

Part 2

Annexures

Annexure G: Man-made Fibre Sub-sector

Schedule 2 : Recycling and Wash Plant Section of the Man-made Fibre Sub-sector

E. Employee Benefits

27. Retirement Fund

 

27.1 The employer contribution to the applicable provident fund shall be a minimum of 5% of the basic wage and the employee contribution to the fund shall be 5% of the basic wage.

 

27.2 All employers shall be members of the Textile Industry Provident Fund (T.I.P.F) unless they are already members of an existing/recognized retirement fund at the time of joining the NMFEA.