Employers make contributions to an employee's pension fund based on a percentage of the employee's earnings. The amount of pay that pension contributions are taken from is called pensionable earnings.
Earnings include any wages, salary, leave pay, fees, commissions, bonuses (to the extent that it is more than 20% of your basic wage or salary), and gratuities received from an employer. Earnings do not include severance payments, retirement or long-service recognition payments, or health insurance premiums.
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