No. As part of the new contribution process that GPSSA has introduced, an employer is no longer required to submit a CTD 16/19 form to their financial institution (bank or exchange House).
Instead, an employer will be requested to review/approve a proforma on GPSSA’s Employer Portal on a monthly basis, which will in-turn lead the system to automatically generate an invoice. Once this is complete, an employer will need to provide their financial institution (bank or exchange house) the following details to enable the monthly contribution payment that is due to be processed:
- Invoice number
- Amount to be paid to GPSSA
- Employer ID
Question
As an employer, am I still required to submit the CTD 16/19 form to my financial institution (Bank / Exchange House) to settle the contribution payment due to GPSSA?
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