Saver Option Contributions for 2022

Your contribution is automatically deducted from your salary/pension and covers you for the full month, even if you resign part of the way through the month.

WOOLTRU TCOE

BREAKDOWN MEMBER SPOUSE CHILD ADDITIONAL
ADULT
Risk R2 099 R2 055 R639 R2 055
Savings R468 R459 R143 R459
Total contribution R2 567 R2 514 R782 R2 514

WOOLTRU NON-TCOE

Breakdown Member Spouse Child Additional adult
Risk R538 R494 R81 R2 055
Savings R468 R459 R143 R459
Total contribution R1 006 R953 R224 R2 514
Additional adult

A child over the age of 21, but under the age of 25, who is unmarried, unemployed and a full-time student, OR the parent of the principal member who does not receive an income greater than the social pension and who is financially dependent on the member.

Total Cost of Employment (TCOE)

Total Cost of Employment (TCOE) calculates the true value of what it costs Woolworths or Truworths to employ you. This amount will therefore include all contributions the company made on your behalf as well as other permanent benefits.

Non-TCOE

Not on Total Cost of Employment