Private Security Sector Provident Fund
Enabling a Better Life For Security Employees And Their Families
PSSPF came into effect in 2002 giving a range of benefits to members and their families. These benefits include retirement, disability, death and funeral benefits, and apply to all employees of the Private Security Sector as per the provisions of the Sectoral Determination and the rules of the Fund.
The full list of benefits are as follows:
- Withdrawal benefit
- Retirement Benefit
- Permanent Disability
- Accidental Disability
- Funeral Benefit
- Death Benefit
The promulgation of the Provident Fund by the Minister of Labour was to ensure that it becomes compulsory for every employee and employer in the Private Security Sector to contribute to the Fund. It was also to ensure that employers comply with the latter and gave effect to the enforcement provisions to enable a better life for security employees and their families.
We deliver world-class member services through
- A responsible investment strategy
- Partnering with the best service providers
- Using the best available systems
- Effective stakeholder engagement