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

Notices

National Bargaining Council for the Private Security Sector

Main Collective Agreement

17. Service Benefit

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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.