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| METAL AND ENGINEERING INDUSTRIES BARGAINING COUNCIL SICK PAY FUND |
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| Metal and Engineering Industries Bargaining Council Sick Pay Fund Contribution Rates: |
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Weekly paid Members |
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| The employer must deduct an amount equal to 0,09% of the weekly wage of the member. |
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| Example: |
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1) An employee earns a weekly wage of R2,000 of which 0.09% is R1.80.
2) An employee earns a weekly wage of R4,500 of which 0.09% is R4.05.
The member's weekly contribution remains the same, irrespective of the hours worked, until there is a change in the member's basic rate of pay. |
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Monthly paid Members |
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| Employers must deduct an amount equal to 0.09% of the monthly salary of the employee. |
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| Example: |
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1) An employee earns a monthly salary of R10,000 of which 0.09% is R9.00.
2) An employee earns a monthly salary of R18,500 of which 0.09% is R16.65.
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| Employer |
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| Employers must pay an amount equal to that deducted from the member. |
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| Bank Account Details: |
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Payment of contributions is to be deposited directly into the account of Metal and Engineering Industries Bargaining Council Sick Pay Fund the same day as submitting the contribution returns via the Internet or EDI: |
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First National Bank
Account Number: 506 000 384 30
Account Branch: Johannesburg
Branch Code: 251-305 |
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| Contact Details for Contribution Enquiries |
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| For any queries regarding Pension, Provident or Sick Pay Fund contributions, the Contribution Processing department may be contacted on the following numbers: |
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Tel: (011) 870-2000
Fax: (011) 870-2411
P O Box 61474,
Marshalltown,
2107 |
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