Common use of Amount of Benefits Clause in Contracts

Amount of Benefits. The minimum benefits that shall be paid to a member shall be the total amount contributed by such member plus- (a) 100% of the amount contributed on his behalf by his employer, less any allocation for expenses that have been made from the employer’s contribution; (b) in the case of the death, retrenchment or retirement at the stipulated retirement age of a member, 100 per cent of the amount contributed on his behalf by his employer, plus any amounts that the member may be entitled to.

Appears in 9 contracts

Samples: National Main Collective Agreement, National Main Collective Agreement, National Main Collective Agreement

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