A union and employers set up a job security fund which funded top-up payments to eligible employees to ensure that they received a specified weekly amount for any week in which they had worked at least a specified number of hours. Eligible workers contributed to the fund by paying a specified amount for each hour worked, while the employer also was required to contribute.
The Directorate confirmed that the fund was an employee benefit plan, so that the payouts were included in income pursuant to s. 6(1)(g).