NOTES TO THE FINANCIAL STATEMENTS — NOTE 32

32. Retirement benefits
 
All eligible employees are members of a pension fund which is administered by Evolution Corporate Benefits Proprietary Limited. The retirement funding and risk-related benefits are market-related. All benefits from the pension fund accrue to the members. The pension fund complies with all current legislation. The group has no commitments for post-retirement medical aid benefits.
  June 2017
R000
  June 2016
R000
 
Contributions to the pension fund for group risk benefits are recognised as an expense 11 140   10 490  

NOTES TO THE FINANCIAL STATEMENTS — NOTE 32