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 K: Woven Cotton Textile Products Subsector

E. Employee Benefits

27. Retirement Fund
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27.1 As per the provisions of sub-clause 27. 1 of Part 1 of this Agreement.

 

27.2 With effect from the coming into operation of this Agreement, the minimum contributions by the employer and employee to a registered fund shall be as follows:

EMPLOYER: 6.5% (six and a half percent) of employees basic wage

EMPLOYEE: 6% (six percent) of employees basic wage