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

Notices

Bargaining Council for the South African Road Passenger (SARPBAC)

Main Collective Agreement

24. Retirement Fund
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24.1Membership of a Retirement Fund is compulsory in respect of all Employees.

 

24.2The Employer's contribution to such fund shall not be less than 10% of the Employee's basic wage.

 

24.3The Employees contribution to such fund shall not be less than 7.5% of the Employee's basic wage.