38.

Retirement benefits

The Group is a member of a corporate defined contribution retirement scheme which is governed by the Pensions Fund Act to which employees elect to make retirement contributions on an income sacrifice basis. The Group makes no additional contribution and is under no obligation to cover any other benefits. Employees are, however, eligible and obliged to become members of the Group risk benefit scheme, providing certain minimum death and disability benefits.

At 31 July 2019, the membership of the fund was 5 709 (2018: 6 478) employees.

At 31 July 2019, the Groupís contribution to the fund was R182 million (2018: R176 million).