NBCRFLI: Promulgation of amendments to the main collective agreement

Promulgation of amendments to the main collective agreement:
Schedule 5: Remuneration and other monetary benefits

Dear NEASA member

Please be advised that the Minister of Labour has approved an amendment to the Council’s Main Collective Agreement. The amendment has been published in the Government Gazette on 5 September 2014 and will be effective as from 15 September 2014.
 
A new sub-item 7 has been included in Schedule 5 and reads as follows:

“7 Membership: Provident/Pension Fund

• (a) Every employee for whom minimum wages are prescribed in Schedule 5 of this Collective Agreement shall at all times be a member of a provident or pension fund which is registered in terms of the provisions of the Pension Funds Act, 24 of 1956 as amended.

• (b) The non-payment of provident/pension fund contributions deducted by employers is a criminal offence in terms of the Financial Services Laws Amendment Act, 45 of 2013.”

 
The amendment to the Main Collective Agreement makes it compulsory for all employees for whom minimum wages are prescribed in the Industry to belong to a registered provident or pension fund.

In the event that an employer cannot afford to contribute to a fund, and failed to apply to the Council to be exempted from this provision of the main agreement, such employer may face criminal prosecution. 
 
Please contact the NEASA hotline should you have any questions.

Kind Regards

Jaco Swart
National Collective Bargaining Coordinator