We wish to remind members that the Metal and Engineering Industries Bargaining Council (MEIBC) Pension and Provident Fund Collective Agreements were re-gazetted on 18 May 2026 for a further 12-month period. As a result, all provisions of the agreements, including the scheduled contribution increases, remain legally binding.
What Employers Need to Know
Effective from 1 July 2026, the employer contribution rate to both the MEIBC Pension Fund and Provident Fund will increase to 8.5% of pensionable remuneration. The employee contribution rate remains unchanged at 7.5%.