ABOUT US

The SENPF was registered and established in 1996 specifically to meet the needs of the Private Security Sector. The Fund is managed by a Board of Trustees who are represented by Employer and Employee Trustees as well as an Independent Trustee.

The SENPF caters for all categories of security including management, administration, controllers, technicians, armed response officers and security officers. The fund can underwrite companies based on actual salaries as opposed to graded categories to ensure that families are compensated accordingly

Permanent Members

Contributions to the fund are based on a percentage of salary from the employee and an equal contribution from the employer. The Employers contributions pay for the members risk benefits and Fund Costs.

The Employees contribution along with any surplus from the Employer contribution is then invested on behalf of the member toward the members retirement savings

Probation Members

Probation Members may have access to Fund Benefits during the waiting period and these Contributions are also based on a percentage of salary from the Employee and an equal contribution of from the Employer which provides the following cover to Probation Members during the waiting period

Benefits

The costs covered by the Employer contribution include:

Family Funeral Cover
Group Life Cover
Disability Cover
Funeral Management Services
Personal Accident Cover
Expense Reserve Account
Administration & Fund Costs

Risk Only

The costs covered by the Employer contribution include:

Family Funeral Cover
Funeral Management Services
Fees