The Seychelles Pension Fund is a cost sharing retirement system through contributions from employers, employees including the self-employed and investments. It provides pensions on retirement, in case of disability and to qualified surviving spouses and children in case of death of the member before and after retirement. It also provides benefits to dependents or heirs where the member does not have children or surviving spouse and through a lump sum payment equivalent to their contribution for those who eventually do not qualify for a pension.
In order to sustain the fund and effect due payments to its members, the Funds plan to achieve this by ensuring the right level of contribution to the Funds, a diversification in investment so as to reap the highest yield, control administrative costs and spending, enhance its services and maintain solvency.
For the future, the Fund plans to focus on the development of its properties so as to maximise returns which in turn will assist in sustaining the Fund in the long term. The plan has a long-term vision to generate sufficient income to pay pension and other benefits.
Head Office: PO Box 576, Caravel House, Victoria, Mahé, Seychelles
Tel: +248 429 46 99
Fax: +248 422 50 37