Benefit Funds

 

Employer checklist for Registration

Employee checklist for Registration

 

Sick, Accident and Maternity Pay Fund

The Objectives of the Fund:

  1. to assist members who suffer losses of wages or salary through absenteeism resulting from incapacity due to accident or sickness;
  2. to assist female members who suffer losses of wages through absenteeism resulting from their pregnancy;

Qualification for Benefits

13 consecutive weeks’ contributions.

Benefits – Per annum

Sick Pay - 75% of the member’s ordinary daily remuneration up to a maximum of 20 days;

Accident Pay - 75% of the member’s ordinary daily remuneration up to a maximum of 40 days;

Maternity Pay - 30% of the member’s ordinary daily remuneration up to a maximum of 26 weeks;

 

ApplicationsClaimsPolicies and Rules
Application for Membership Claim form Sick and accident fund 

Claim form Additional holiday pay

Claim form Maternity benefit pay 

SAF Maternity Rules

 

Benefit Funds - Additional Holiday Pay Fund

The contributions to this holiday bonus scheme are payable by all establishments in respect of those employees listed hereunder:

Claim form Additional holiday pay

NOTE: 3 YEAR CONTRACTS ARE FOR SPRAY PAINTERS & AUTOMOTIVE TRIMMERS ONLY

Formula and Examples for Calculation of Leave Pay

In order to correctly calculate leave pay it is necessary, where applicable, to convert monthly salary to a weekly rate.

  • Conversion from monthly salary to weekly

    Formula

    Monthly salary x 12 = weekly
                  52 

    Example
    Monthly salary = R2000-00
    R2000-00 x 12 = R461-54 per week
               52 

  • Calculation of accrued leave pay

    Formula
    No. of weeks worked x No. of weeks’ leave per annum x weekly wage
                                                      52  

Example 1

Employee is owed leave pay from 4.1.99 to 2.7.99 = 26 weeks
Qualifies for three weeks per annum.
Earns R450-00 per week.
26 x 3 x R450-00 = R675-00
52

Example 2

Employee is owed leave pay from 4.1.99 to 2.7.99 = 26 weeks
Qualifies for four weeks per annum.
Earns R450-00 per week.
26 x 4 x R450-00 = R900-00
52

NOTE – In the case of motor vehicle and service supply salesmen weekly earnings must include average commission earned over the period for which leave pay is owed. This also applies when they proceed on annual leave.

Various Provident Funds


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