| Parties to the Council - Misa/Samu |
MISA / SAMU
MISA is a registered trade
union and was formed following the merger of the merger of the Motor Industry
Staff Association (MISA) and the SA Motor Union (SAMU) with a joint history of
129 years in the Retail Motor Industry.
The combined synergy that is
generated out of this merger is to the benefit of all administrative and
technically qualified employees in the industry.
Today we have a membership
of some 30,000 countrywide.
We at our
1. MISA BENEFIT FUND
All MISA members
automatically belong to this fund, which provides cover similar to “life
insurance”. A qualifying period of 52 weeks applies to this fund.
BENEFITS
After 52 weeks’ consecutive
contributions have been received the benefit is R15,000.00
NOTE:
From 1 March 2002 until further notice the
aforementioned 52 week condition will be suspended in respect of all new MISA members,
and will therefore not be applicable.
NOTE:
Payments are made directly to the next of kin upon
the death of a member. The benefits do not become assets in the deceased person’s
estate.
2. MISA FUNERAL FUND
All members of MISA
automatically belong to this fund. The Fund also covers a member’s immediate
family such as a spouse, children and adopted children (up to the age of 18
years, unless such children are registered as fulltime students or physically
or mentally handicapped).
A qualifying period of one
week applies to this fund.
BENEFITS
The
member R6
000.00
The
member’s spouse R6
000.00
Children
over the age 18 years who
are
full time students or handicapped R6
000.00
Children
from 14 to 18 years of age R6
000.00
Children
under 14 years of age R3
000.00
DISCOUNTS ON FUNERALS
30% to 54%
discount available from AVBOB.
3. MATERNITY FUND
This fund, administered by
MISA, provides a maternity benefit to the value of R1 000.00.
NOTE:
A total of 26 weeks contributions must have been
received.
NOTE:
Application must be made within 13 weeks from date of
birth.
4. RETRENCHMENT FUND
This fund provides
retrenchment benefits to the value of R1 000.00 per retrenchment.
NOTE:
A total of 26 weeks contributions must have been
received.
NOTE: Application must be made within 13 weeks from date of retrenchment.
5. HEALTHCARE
Members may, in consultation with their
employers, select between:
An
important aspect to take into account is the employers’ medical aid fund
subsidy policy.
NOTE:
Membership of Moto Health
Care is voluntary within the MIBCO environment.
6. MOTOR INDUSTRY PROVIDENT FUND
This fund provides
retirement benefits, as well as the following:
7. LAST WILL, LIVING WILL AND
EXECUTORS SERVICES
Our estate planning service
has been extended to provide members with an important additional benefit,
namely the drawing of a Living Will. Please enquire at the MISA Head Office on
(011)
476-3920 / 1.
8. CONTINGENCY RESERVE
This fund provides financial
support to members in respect of outstanding Medical Aid Fund, Pension Fund and
9. SERVICE CONTRACT FOR YOUR
DOMESTIC WORKER
MISA can prepare a service
contract for your domestic worker at no cost. Please enquire at the MISA Head
Office on (011) 476-3920 / 1
10. UNFAIR LABOUR PRACTICES /
DISMISSAL
We also provide professional
advice and assistance to members in instances of Unfair Labour
Practices / Dismissals.
FEES
R11.50 PER WEEK
Non-union employees are therefore
encouraged to join MISA – “The Intelligent Alternative” and experience the benefits and
protection of your interests.
CONTINUATION MEMBERSHIP
Upon retirement a member who
is able to satisfy our unions constitutional prescriptions in regard to past
service, may apply for continuation membership of the MISA / SAMU Benefit and
Funeral Fund.