How much do I have to contribute to the Fund?

You must contribute 6% of your basic salary or wages to the Fund. You may elect to contribute 7,5%. The contributions in excess of 6% will be utilised to enhance your benefits. Your employer will automatically deduct your contributions from your salary or wages and pay it to the Fund immediately.

With the approval of the Trustees you may make Additional Voluntary Contributions for the purpose of accumulating additional benefits. These contributions may not necessarily be tax effective.

A record shall be maintained in respect of each Member's Additional Contributions, to which, after deduction of any administration expenses, shall be added such interest as the Trustees, acting on the advice of the Actuary, determine.

These contributions will not purchase additional service for you but will accumulate with interest to provide additional benefits.