Sick-, Accident- and Maternity Pay Fund – Annual contribution increase & benefits

In recognition for the efforts of Members to contain costs, the RMI has ensured that the weekly contribution towards the MIBCO Sick-, Accident- and Maternity Pay Fund will not increase in 2021. The following rates will therefore continue to apply from the 01 January 2021 to 31 December 2021.

Table 1Sick FundMaternity FundDeath & FuneralTotal New Contribution
MaleR14.99R3.50R18.49
FemaleR14.99R7.06R3.50R25.55

We remind employers that participation in the Fund is restricted to paid-up members of the RMI only, with membership being compulsory for employees that are members of the Motor Industry Staff Association (MISA). All non-MISA members, employed by RMI-registered employers, may participate in the Fund on a voluntary basis.

Below is a summary of benefits accruing to employees that are members of the Fund:

MISA Members:

Sick leave – first 10 days at 100% of wages/salaries.

Next 5 days at 50% of wages/salaries.

Employers will pay the MISA members directly and claim the benefit back from the Fund afterwards.

All Other Employees:

Sick leave – 15 days at 75% of wages/salaries.

Other Benefits, for all Employees:

Accident Pay – Up to 40 days at 75% of wages/salaries.

Maternity Pay – Up to 17 weeks at 30% of wages/salaries.

We are also pleased to inform participating employees that all employees registered on the Fund receives the following additional benefits after 8 consecutive weeks’ contributions:

  1. A death benefit of R20,000.00 per Fund member (increased from R15,000.00), upon the passing of the member;
  2. A funeral benefit of R10,000.00 for the Fund member, as well as his / her spouse/partner, children between the ages of 14 and 18 and R7,000.00 for children under the age of 14, to a maximum of three claims per year (an existing benefit); and
  3. A funeral benefit R7,000.00 in the case of the still-birth of a child of the member new benefit.

All death- and funeral benefit-related queries may be directed to MISA on call centre number 086 099 4147 or email info@ms.org.za.

If you should have any questions or queries arising from this update, please do not hesitate to contact any one of the RMI’s Regional Offices.