Contributions 2023
Primary Option Contributions
Company subsidy policy - Effective 1 January 2024
- For active employees in job grades E to G, the company pays 50% of the total contribution for immediate family dependants. No subsidy is paid by the company for financial dependants.
- For active employees in job grades A to D, the company's contribution has been taken into account in the cost-to-company package. No additional subsidy will be applied.
- Pensioner members are responsible for the full contribution.
- The member is responsible for the full adult dependant contribution for dependants over the age of 25 who are full-time students, financially dependent or who are mentally or physically disabled.
Income category | R0 - R4 320 | R4 321 - R9 300 | R9 301 - R13 900 | R13 901 - R18 620 | R18 621 - R23 240 | R23 241 - R27 940 | R27 941 - R34 790 | R34 791 - R49 480 | R49 481 + |
---|---|---|---|---|---|---|---|---|---|
Principal member | R1 205 | R1 205 | R1 273 | R1 782 | R2 305 | R2 552 | R2 611 | R2 841 | R2 856 |
Adult dependant | R1 205 | R1 205 | R1 273 | R1 782 | R2 305 | R2 552 | R2 611 | R2 841 | R2 856 |
Child dependant | R441 | R441 | R460 | R511 | R628 | R686 | R704 | R764 | R769 |
Plus Option Contributions
Company subsidy policy - Effective 1 January 2024
- For active employees in job grades E to G, the company pays 50% of the total contribution for immediate family dependants. No subsidy is paid by the company for financial dependants.
- For active employees in job grades A to D, the company's contribution has been taken into account in the cost-to-company package. No additional subsidy will be applied.
- Pensioner members are responsible for the full contribution.
- The member is responsible for the full adult dependant contribution for dependants over the age of 25 who are full-time students, financially dependent or who are mentally or physically disabled.
- The annual allocation to the Medical Spending Account (MSA) will be 20% of the total monthly contribution multiplied by 12 months (MSA contributions are included in the above contribution table).
- Members who join during the year will receive an allocation on a pro rata basis.
- Members who resign during the year will only be entitled to an MSA allocation equal to the number of months they contributed.
- Amounts overspent will be collected from the member.
Income category | R0 - R4 320 | R4 321 - R9 300 | R9 301 - R13 900 | R13 901 - R18 620 | R18 621 - R23 240 | R23 241 - R27 940 | R27 941 - R34 790 | R34 791 - R49 480 | R49 481 + |
---|---|---|---|---|---|---|---|---|---|
Principal member | R1 735 | R3 049 | R3 226 | R3 418 | R3 655 | R3 851 | R3 940 | R3 978 | R3 998 |
Adult dependant | R1 735 | R3 049 | R3 226 | R3 418 | R3 655 | R3 851 | R3 940 | R3 978 | R3 998 |
Child dependant | R543 | R824 | R879 | R916 | R978 | R1 043 | R1 061 | R1 069 | R1 075 |