Opportunities

Civil engineering firms must adjust their monthly dispute levy contributions for non-scheduled employees to a capped amount of R25.12 per employee per month, with an equal contribution required from the employer, based on the updated earnings threshold effective 1 March 2023.

Who it is for:

civil engineering firms

How to act on it:

Review the updated earnings threshold and adjust dispute levy contributions accordingly for non-scheduled employees.

The circular says a copy of the published collective agreements will be available on the BCCEI website so employers and employees can access the extended agreements.

Who it is for:

all employers and employees within the Civil Engineering Industry

How to act on it:

Use the link on the BCCEI website to access the Collective Agreements.

Members and their covered family members receive a funeral expense benefit to help cover funeral costs when a covered family member passes away. Because of Insurance Act updates, the funeral benefit can only be paid to the person you officially nominated as your beneficiary, not to someone chosen by your employer.

Who it is for:

members of the Fund and their husband or wife and close family (covered family members)

How to act on it:

Ensure you have a valid funeral beneficiary nomination form and keep it updated; the benefit is then paid to your officially nominated beneficiary.

If you die while employed and covered, your retirement savings plus your Group Life Assurance (GLA) cover are combined as your death benefit. The Fund’s Board of Trustees then decide how to share this money among your dependants, using your beneficiary of nomination form as a guide.

Who it is for:

members who die while employed and covered, and their dependants

How to act on it:

Keep your beneficiary form up to date and tell your family that the fund will contact them if you pass away; the Board of Trustees uses your nomination as a guide when deciding how to share the benefit.