BEE QSE Skills Development Scorecard continued
November 16th, 2008 — dodoThis represents the amount of remuneration after deducting the following:
- current and arrear contributions, within specified limits, to approved pension and/or retirement annuity funds that the employer is entitled or required to deduct from the employee’s remuneration
- at the option of the employer, current and arrears retirement annuity fund contributions, within specified limits, which the employee has paid directly to the fund, provided the employee furnishes the employer with proof of payment; such proof of payment must be obtained annually by the employer from the employee (or when the employee terminates employment, if earlier) and retained for inspection purposes
Medical aid scheme contributions in the case of persons aged 65 or older. Read the rest of this entry »
