WELCOME

As a member of the ISASA Pension Scheme and Provident Fund you are a member of one of the above Funds (as selected by your School):

Pension Scheme Part I (Defined Benefit Pension Fund) or

Pension Scheme Part II (Defined Contribution Pension Fund) or

Provident Fund (Defined Contribution Provident Fund)

Reference is made to the 3 funds on this website. To avoid confusion it is important that you understand to which Fund you belong. Ask your Bursar if you feel unsure.

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LATEST NEWS

Disability and Death Claims process for the Funds.

A risk webinar was held for schools that participate in the ISASA Pension and Provident Fund and a presentation about the death, disability and funeral claim processes has been compiled. Please note that while care has been taken to ensure that the information provided in this presentation is correct, it represents an overview of the …
Continue reading Disability and Death Claims process for the Funds.

Winners of Pensioner Photo Competition 2020

Congratulations to the four winners in the photographic competition. The judges had a difficult time in selecting the winners as there were so many beautiful images. Our retirees enjoy spending quality time out in nature and capturing memorable images of their loved ones. The winners in the four categories are: Peter Betts – Nature at …
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RENEWED FEARS AROUND PENSION FUND PRESCRIBED ASSETS ARE PREMATURE

Recent renewed speculation in the media regarding Prescribed Assets elicited a concerned response from retirement funds and their members. It’s important to remember that some form of prescription already exists in the form of Regulation 28 of the Pension Funds Act, which prescribes asset class limits for retirement fund investments. Your Funds already comply with …
Continue reading RENEWED FEARS AROUND PENSION FUND PRESCRIBED ASSETS ARE PREMATURE

Covid-19 – Impacts and relief measures for employers and their employees – OMCC

April 2020 With businesses closed during this lockdown period resulting in cash-flow and income being seriously impacted, many employers are wondering what relief measures are in place for them during this time. The government and the private sector have introduced some programmes and funds that are specifically targeted to assist organisations, employers and employees during …
Continue reading Covid-19 – Impacts and relief measures for employers and their employees – OMCC

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