contribution to the Pension Fund. In terms of the Pension Fund Act it
appears as if the SABC is entitled to take what is called a "contribution
holiday". We will study the Act in depth to make sure the SABC operates
within the boundaries of the Pension Fund Act.
It is a term and condition of employment that the SABC contributes 14% to
the pension fund.
We have a Defined Benefit Fund, which effectively means the SABC has to
ensure that the Fund stays healthy at all times.