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

Notices

National Bargaining Council for the Electrical Industry of South Africa

Extension of Consolidated Main Collective Agreement to Non-Parties

Part 1: Scope of Application, Definitions, General Terms and Conditions of Employment

29. Benefit Funds

 

For the purposes of this Agreement, the following Benefit Funds, which were extended on the dates listed below, are hereby continued:

 

(a) The Electrical Industry Sick Pay Fund - 17/10/ 2003

 

(b) National Pension and Provident Funds Collective Agreement - Government Gazette No 31191 - 04/07/2008

 

(c) All Council and benefit fund contributions are calculated based on the following normal working hours per region:

Region A & B - 42.50 hours per week

Region C - 42.50 hours per week in respect of Pension Fund contributions only.  All other contributions are to be calculated on 44 hours per week;

[Clause 29(c) of Part 1 substituted by section 5(1) of Notice No. R. 389, GG44506, dated 30 April 2021]

Region D - 40 hours per week.

 

(d) The Council shall provide PHI (disability) and funeral risk benefits in respect of Region A, B and C Pension Fund and Provident Fund members.

 

(e) The Council shall provide fixed term contract employees with risk only benefits, namely, death/Group Life Assurance (GLA), disability benefits (PHI) and funeral benefits.

[Clause 29(e) of Part 1 substituted by section 5(2) of Notice No. R. 389, GG44506, dated 30 April 2021]

 

(f) In the event that an employee fails to qualify for death, disability, and/or funeral benefits in terms of the pension and/or provident fund Agreements because the employer failed to pay contributions owing in respect of the employee's membership, the employer shall be liable to pay to such employee or his/her beneficiaries an amount of money equal to the death, disability and/or funeral benefits that would have been payable to the employee under the rules of the applicable fund had the contributions been paid by the employer.

 

(g) Total monthly contributions to the Pension/Provident Funds in respect of each Region are as follows:

Region A - 15% (50% paid by the employee and 50% paid by the employer)

Region B - 15% (50% paid by the employee and 50% paid by the employer)

Region C - 15% (40% paid by the employee and 60% paid by the employer)

Region D - 15% (50% paid by the employee and 50% paid by the employer)

[Clause 29(g) of Part 1 inserted by section 5(3) of Notice No. R. 389, GG44506, dated 30 April 2021]

 

(g) In the event that a New National Pension Fund comes into operation during the period of operation of this agreement, all new scheduled employee entrants shall be required to participate in this Fund.

[Clause 29(g) of Part 1 inserted by section 5(1) of Notice No. R. 1585, GG45617, dated 10 December 2021]

 

 


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