Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesNational Textile Bargaining Council: Extension to Non-parties of the Main Collective AgreementPart 2AnnexuresAnnexure I: Wool and Mohair SectionE. Employee Benefits27. Retirement Fund |
27.1 | All employers and employees must become members of a registered retirement fund. |
27.2 | Contributions by the employer and employee to such retirement fund are 7,5% of the basic wage per side. |