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

Notices

Bargaining Council for the Furniture Manufacturing Industry

Chapter 2

4. Contributions and Loan Repayments to the Council Benefit Funds/Schemes and the Additional Provident Fund
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4.1Prescribed contributions for the Provident Fund, Additional Provident Fund, Furnmed Sick Benefit Society and the NUFAWSA Sick Benefit Society, shall be deducted weekly from the employee's wages and a prescribed contribution from the employer shall together be paid to the Council or any other prescribed organisation or body, as per the values stipulated in Addendum 1.

 

4.2Stipulated loan repayments towards the H.O.S. and the E.T.D.E. fund shall be made to the Council in accordance with individual signed loan agreements.

 

4.3A weekly amount shall be deducted from the employee's contributions to the Provident Fund and a weekly amount from the employer's contributions to the Provident fund and shall be diverted to the standard D.D.S. The standard D.D.S. may make provision for insurance premiums and administration costs.