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24/7 National Hotline: 0860 163 272 | Email: info@neasa.co.za

MEIBC

Feb 15, 2018

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CALCULATION OF PENSION OR

PROVIDENT FUND CONTRIBUTIONS

 

Dear Steel Industry employer

 

As previously communicated, there has not been a valid MEIBC wage agreement applicable to non-parties since 2011. This, by necessary implication, has the effect that there has been no minimum wages applicable to non-parties.

Therefore, all pension – or provident fund contributions should have been calculated on the wage actually earned at each individual workplace and not on the wage rates prescribed in the SEIFSA/NUMSA party agreements.

Any attempt by the MEIBC to enforce payment of contributions on the prescribed rates and not on the rates actually paid should be resisted.

Members may contact our HOTLINE on 086 016 3272 for any queries in this regard.

 

Regards

Jaco Swart
National Collective Bargaining Coordinator

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