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.
National Collective Bargaining Coordinator