Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesNational Bargaining Council for the Private Security SectorMain Collective Agreement17. Service Benefit |
Each security officer shall, upon completion of the following period of uninterrupted service with the same employer, calculated from 19 February 2007, receive a once-off service benefit payment of not less than—
(a) | R500.00 (five hundred rand) after 5 (five) years, |
(b) | R1,000.00 (one thousand rand) after 10 (ten) years, and |
(c) | R5,000.00 (five thousand rand) after 20 (twenty) years. |