Remuneration of Public Office Bearers Act, 1998 (Act No. 20 of 1998)ProclamationsDetermination of Salaries and Allowances of Members of the National Assembly and Permanent Delegates to the National Council of ProvincesProclamation No. 18 of 2021 |
Proclamation No. 18
13 May 2021
GG 44570
President of the Republic of South Africa
1. | In terms of section 3(1) of the Remuneration of Public Office Bearers Act, 1998 (Act No. 20 of 1998) (hereafter referred to as ("the Act"), I hereby determine that the total remuneration of the positions of office bearers in Column 3 of Schedule 1 shall be as set out in Column 4 of Schedule 1 with effect from 01 April 2020, subject to the provisions of section 3(2)-(7) of the Act, and the terms and conditions set out herein. |
2. | The total remuneration packages shall include the following elements: |
2.1 | A basic salary component equal to 60% of the total package, which constitutes the pensionable salary; |
2.2 | An amount of R120 000 per annum, which is an amount to which section 8(1)(d) of the Income Tax Act, 1962, applies. This amount is included in the basic salary component; |
2.3 | An employer's pension benefit contribution equal to 22.5% of pensionable salary; and |
2.4 | A flexible portion for the remaining amount of the total remuneration. |
3. | Notice No. 112 of 2020 published in the Government Gazette No. 43043 of 21 February 2020 is hereby repealed. |
Given under my Hand at Cape Town on this 13 day of April, Two Thousand and Twenty One.
President