{"id":59,"date":"2019-08-15T16:28:08","date_gmt":"2019-08-15T14:28:08","guid":{"rendered":"https:\/\/eifunds.co.za\/kzn\/?page_id=59"},"modified":"2022-11-14T10:14:52","modified_gmt":"2022-11-14T08:14:52","slug":"contributions","status":"publish","type":"page","link":"https:\/\/eifunds.co.za\/kzn\/contributions\/","title":{"rendered":"Contributions"},"content":{"rendered":"\n<p>Contribution rates are set as a percentage of pensionable salary and are currently as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Member contribution: 6%<\/li><li>Employer contribution: 9%<\/li><\/ul>\n\n\n\n<p>The following deductions are made from the above contributions to ensure that you have risk benefits under the fund:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Group Life premiums &#8211; 1.61%<\/li><li>Disability premiums &#8211; 0.71%<\/li><li>Funeral premiums &#8211; R20 per month<\/li><li>Operational fund expenses &#8211; 2.58%<\/li><\/ul>\n\n\n\n<p>The balance of contributions after deductions are added to the member&#8217;s pension funding interest in the Fund.&nbsp; Members are encouraged to make additional voluntary contributions towards the Pension Fund to utilize the tax benefits and at the same time as you are saving towards your retirement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Contribution rates are set as a percentage of pensionable salary and are currently as follows: Member contribution: 6% Employer contribution:[&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-59","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/eifunds.co.za\/kzn\/wp-json\/wp\/v2\/pages\/59","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eifunds.co.za\/kzn\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/eifunds.co.za\/kzn\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/eifunds.co.za\/kzn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eifunds.co.za\/kzn\/wp-json\/wp\/v2\/comments?post=59"}],"version-history":[{"count":7,"href":"https:\/\/eifunds.co.za\/kzn\/wp-json\/wp\/v2\/pages\/59\/revisions"}],"predecessor-version":[{"id":156,"href":"https:\/\/eifunds.co.za\/kzn\/wp-json\/wp\/v2\/pages\/59\/revisions\/156"}],"wp:attachment":[{"href":"https:\/\/eifunds.co.za\/kzn\/wp-json\/wp\/v2\/media?parent=59"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}