SUPER FUND
Updated 11 days ago
- Age: 25 years
- ID: 25730639/128
Super Fund was set up in November 1999 under the Employees Superannuation Fund Act and the Income Tax Act. The Fund is now licensed by the Financial Services Commission under the Private Pension Schemes Act 2012... Super Fund is managed by a Management Committee who is responsible for the strategy and policy-making of the Fund. It is comprised of representatives of both employers and employees elected at the annual general meeting. This ensures that both interested parties play an active role in decision-making for the running of the fund. The Management Committee is totally independent and its sole objective is to act in the best interest of its members... Super Fund provides retirement, withdrawal, death and disability benefits to its members. It is an umbrella pension fund open to employees of enterprises which are members of Business Mauritius. It is targeted at enterprises wanting to pool together their contributions into a common fund, in order to benefit from better investment..