Labour Relations Act, 1995 (Act No. 66 of 1995)

Notices

National Bargaining Council for the Chemical Industry

Pharmaceutical Sector

Substantive Agreement 2025/2027

Extension to Non-parties of the Pharmaceutical Sector Collective Agreement

Chapter 6

27. Retirement Fund

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27.1As a principle and subject to sub-clause 2 of this paragraph, retirement fund membership shall become a condition of employment in respect of employees after the signing of this agreement.

 

27.2Those employees in service at the time of the agreement in respect of a retirement fund and who elected not to join a retirement fund will not be compelled to join the fund.