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

Notices

Bargaining Council for the Furniture Manufacturing Industry

Extension to Non-Parties of the Main Collective Agreement

Chapter 2

2. Objectives of the Council Benefit Funds/Schemes

 

2.1 The  objective  of  the Furniture  Bargaining  Council  Provident  Fund  (the  Provident Fund), is to provide for retirement benefits to participating members of the furniture, bedding and upholstery industry;

 

2.2 The objective of the Furniture Bargaining Council Death and Funeral Scheme (standard D.F.S.), is to provide for death and funeral benefits to participating members of the furniture, bedding and upholstery industry, as well as for funeral benefits to the dependants of the main participating members;

 

2.3 The  objective  of the Furniture  Bargaining  Council  Sick Benefit Society (hereinafter split into two subdivided Funds to wit, Furnmed Sick Benefit Society and NUFAWSA Sick Benefit Society), is to provide for prescribed medical benefits to participating members of the furniture, bedding and upholstery industry, as well as for their registered dependants;

 

2.4 Any benefit payable upon the death of a member, shall be subject to the provisions of section 37C of the Pension Funds Act, 1956 (Act 24 of 1956).

 

2.5 It is the objective of the parties to this agreement to apply to the Minister of Employment and Labour to extend the Council benefit funds/schemes to non-parties in terms of the LRA. This will be done in order to make available the same industry benefits to non-parties.