News

South African Engineers’ and Founders’ Association

Please note that, in accordance with the Industry Pension and Provident Fund Collective Agreement, the annual contribution increase programme gazetted on

3 August 2012 and the respective Fund Rules, the contribution rate for both funds increased from 1 July 2016.

The contribution rate for both employees and employers will increase from the current 7.0% to 7.1% of pensionable remuneration. Please ensure that your monthly return for July 2016 reflects this new contribution rate.

Should you have any enquiries, please contact members of staff in the Industrial Relations and Legal Services Division on (011) 298-9400.

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Court judgment issued on 4 May 2016 in the matter beween the Free Market Foundation (FMF) (Applicant) and the Minister of Labour and others, relating to the challenge to the system of collective bargaining in South Africa, and more particularly to Section 32 of the Labour Relations Act, 1995.

At a meeting of the MEIBC Management Committee (Manco) on Wednesday, 29 June 2016, it was agreed, subject to a postal vote of representatives in terms of section 10(3) of the MEIBC Constitution, that the Registration and Administration Expenses Agreement ("Admin Agreement") be dealt with as follows:

10 February 2016
By: Ann Bernstein

THE country is in deep trouble: huge layoffs of workers will add to our devastatingly high unemployment. We have a growth rate that will not reach 1% this year, and there is no prospect of a change in policy and attitude by SA’s top leaders.