MyBroadbandâs IT salary survey revealed that the average IT salary (basic salary only) in South Africa is R31,738 per month.The average annual pay package of an employee in the IT sector is R425,934.The IT salary survey was completed by 3,480 IT professionals across South Africa, which included employees from small, medium, and large businesses.The survey gathered salary information related to age, experience, qualification, company size, seniority, and job area.he average annual pay package of an employee in the IT sector is R425,934. The IT salary survey was completed by 3,480 IT professionals across South Africa, which included employees from small, medium, and large businesses.
The average monthly benefit paid to members retiring in fiscal year. 2007 was $1,506. IPERS benefits, designed to supplement personal. savings and social security benefits, help ensure members have the. financial security to do the things they want during retirement.
With a âshared riskâ program, Class T-E and Class T-F members benefit when investments of the fund are doing well and share some of the risk when investments underperform. The member contribution rate could increase or decrease every three years starting July 1, 2015, dependent on the investment performance of PSERS. The member contribution rate would never go below the base rate of 7.50% for Class T-E and 10.30% for Class T-F members, nor above 9.50% for Class T-E and 12.30% for Class T-F members. PSERS is a 401 (a) governmental defined benefit retirement plan, which means your retirement benefit is defined by a calculation or formula. Unlike defined contribution retirement plans, the amount of your future PSERS monthly benefit is not directly dependent on the amount of your contributions and investment earnings. Your PSERS benefits are set by state law and guaranteed by the Commonwealth of Pennsylvania.