Tuesday, 09 September 2014 11:45

Unions and Employers agree on improved sick fund benefits for building industry

The Building Industry Bargaining Council has announced improved Sick Pay Fund benefits for its members, effective as of 1 July 2014. "These benefits were negotiated between Employer and Trade Union representatives in June, successfully resulting in the implementation thereof in less than a month," said Arnold Williams, Secretary for Building Industry Bargaining Council (Cape of Good Hope).

While employees previously required 130 daily contributions before sick benefits became applicable, employees now require 110 days. In addition to this, the first ten days sick leave will be paid at 80%, 5% higher than previously. ""These improved benefits will have a noteworthy effect, considering that last year 13 400 claims were paid and this year we have already paid 11 227 claims to-date,"" explained Williams.

The Fund has been tailored to the industry to allow for longer leave periods compared to the Basic Conditions of Employment Act, due to the adverse working conditions, which often lead to lung ailments.

Longstanding employees, who have contributed to the fund for more than ten years, will now qualify for an additional five days sick leave at 80%.

For further information visit: www.bibc.co.za/index.php/sick-fund or call (021) 950 7403.