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: Council Benefit Funds

2. Objectives of the Council Benefit Funds/Schemes
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2.1The 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;

 

2.2The 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;

 

2.3The 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;

 

2.4Any 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).

 

2.5It 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.