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

Notices

Bargaining Council for the Civil Engineering Industry

BCCEI: Extension of Construction Industry Retirement Benefit Fund Collective Agreement to non-parties

4. Continuation of the Fund
Purchase cart Previous page Return to chapter overview Next page

 

4.1 The Construction Industry Retirement Benefit Fund (hereinafter referred to as the "Fund"), established in terms of the Pension Funds Act 1956, is hereby continued.

 

4.2 The Fund shall consist of—
(i) all monies and assets standing to the credit of the fund as at the date of coming into operation of the Agreement;
(ii) all contributions paid by employers and members in accordance with Clause 6 of this Agreement;
(iii) all investment income derived from the investment of any monies of the fund; and
(iv) any other monies to which the fund may become entitled.