PROVIDENT FUND CONTRIBUTIONS. (i) The Fund continues as part of this Agreement and registered with the Financial Services Board (FSB) and administered in accordance with the Xxxxxxx Xxxxx Xxx, 0000 (Act 24 of 1956) (as amended).
PROVIDENT FUND CONTRIBUTIONS. 3.1 Provident Fund contributions shall be payable to the Council at the prescribed rates by the employer and employee when more than 20 hours’ wages per week are payable to an employee. To determine the number of the hours worked by the employee, the calculation must include the ordinary hours worked by the employee as well as the hours which would ordinarily have been worked by the employee on:
PROVIDENT FUND CONTRIBUTIONS. (1) Employees’ contributions: Every employer shall, each week or each month, as the case may be, deduct from the wages of each of his weekly paid or monthly paid employees, in respect of whom wages are prescribed in this part of the Agreement, and who has worked 9 ordinary hours or more during any pay week, an amount of equal to 4,0% of his wages towards a provident fund or a retirement fund administered by the Council, provided this is confirmed in a plant level ballot by the majority of employees. No deductions shall be made from the wages of an employee who is 65 years of age or older.
PROVIDENT FUND CONTRIBUTIONS. 51. INCENTIVISED WAGE NATIONAL FRAMEWORK AGREEMENT (Annexure E)..............................
PROVIDENT FUND CONTRIBUTIONS. (1) Employees’ contributions: Every employer shall, each week or each month, as the case may be, deduct from the wages of each of his weekly paid or monthly paid employees, in respect of whom wages are prescribed in this part of the Agreement, and who has worked 9 ordinary hours or more during any pay week, an amount of equal to 4,0% of his wages towards a provident fund or a retirement fund administered by the Council. No deductions shall be made from the wages of an employee who is 65 years of age or older.
PROVIDENT FUND CONTRIBUTIONS. (1) Employees’ contributions: Every employer shall, each week or each month, as the case may be, deduct from the wages of each of his weekly paid or monthly paid employees, in respect of whom wages are