As a member of the provident fund, you will be entitled to:
If you become totally and permanently disabled before the age of 65, you will receive a monthly pension equal to 40% of your monthly income.This Pension is paid for as long as you are regarded as being disabled by the insurance company concerned.You will remain a member of the Fund and as a result will continue to make contributions to the Fund. You will also enjoy death and funeral cover during this period.To qualify you have to:
Note : All contributions have to be received by the MBA (FS) before 7th of each month for these benefits to be applicable. Late payments will result in a three month waiting period. The outstanding provident fund payments will also attract interest.
For more information please consult your employer or the MBA FS at the following address.