Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesNational Bargaining Council for the Electrical Industry of South AfricaExtension of Consolidated Main Collective Agreement to Non-PartiesPart 1: Scope of Application, Definitions, General Terms and Conditions of Employment29. Benefit Funds |
For the purposes of this Agreement, the following Benefit Funds, which were extended on the dates listed below, are hereby continued:
| (a) | The Electrical Industry Sick Pay Fund - 17/10/ 2003 |
| (b) | National Pension and Provident Funds Collective Agreement - Government Gazette No 31191 - 04/07/2008 |
| (c) | All Council and benefit fund contributions are calculated based on the following normal working hours per region: |
Region A & B - 42.50 hours per week
Region C - 42.50 hours per week in respect of Pension Fund contributions only. All other contributions are to be calculated on 44 hours per week;
[Clause 29(c) of Part 1 substituted by section 5(1) of Notice No. R. 389, GG44506, dated 30 April 2021]
Region D - 40 hours per week.
| (d) | The Council shall provide PHI (disability) and funeral risk benefits in respect of Region A, B and C Pension Fund and Provident Fund members. |
| (e) | The Council shall provide fixed term contract employees with risk only benefits, namely, death/Group Life Assurance (GLA), disability benefits (PHI) and funeral benefits. |
[Clause 29(e) of Part 1 substituted by section 5(2) of Notice No. R. 389, GG44506, dated 30 April 2021]
| (f) | In the event that an employee fails to qualify for death, disability, and/or funeral benefits in terms of the pension and/or provident fund Agreements because the employer failed to pay contributions owing in respect of the employee's membership, the employer shall be liable to pay to such employee or his/her beneficiaries an amount of money equal to the death, disability and/or funeral benefits that would have been payable to the employee under the rules of the applicable fund had the contributions been paid by the employer. |
| (g) | Total monthly contributions to the Pension/Provident Funds in respect of each Region are as follows: |
Region A - 15% (50% paid by the employee and 50% paid by the employer)
Region B - 15% (50% paid by the employee and 50% paid by the employer)
Region C - 15% (40% paid by the employee and 60% paid by the employer)
Region D - 15% (50% paid by the employee and 50% paid by the employer)
[Clause 29(g) of Part 1 inserted by section 5(3) of Notice No. R. 389, GG44506, dated 30 April 2021]
| (g) | In the event that a New National Pension Fund comes into operation during the period of operation of this agreement, all new scheduled employee entrants shall be required to participate in this Fund. |
[Clause 29(g) of Part 1 inserted by section 5(1) of Notice No. R. 1585, GG45617, dated 10 December 2021]