Table 5.
Employee contributions (percent of monthly salary) towards monthly insurance contributions
| Salary category | |||||
|---|---|---|---|---|---|
|
|
|||||
| Benefit option | Lower skilled | Skilled | Highly-skilled | Supervisory | Senior Management |
| Low-cost option 1 | 0.0 | 0.0 | 3.5 | 1.6 | 0.5 |
| Low-cost option 2 | 7.6 | 6.5 | 4.1 | 2.7 | 0.9 |
| Mid-range savings option 1 | 13.0 | 10.2 | 7.0 | 5.2 | 1.7 |
| Comprehensive option 2 | 13.5 | 10.5 | 8.0 | 5.8 | 1.9 |
| Comprehensive option 3 | 34.5 | 27.0 | 16.9 | 10.7 | 3.4 |
1US$=7.5 South African Rand.
Financial contributions calculations assume a family of three (member, and an adult and child dependant). Percent monthly contribution is calculated as a proportion on the lowest level in each salary category. Income from other household members is unknown, and hence not included in the calculation.