SACCAWU Benevolent Fund Benefits
Sick Benefit
Parental Benefit
Parental Benefit
The Fund compensates members R40.00 per day, up to a maximum of 180 days per year, for every day you are booked off sick. you plan your visit.
Terms & Conditions apply.
Parental Benefit
Parental Benefit
Parental Benefit
When a member goes on maternity leave and gives birth, she may claim R1000.00 from the Fund. (Max. 4 pregnancies during the membership) and engaging for visitors of all ages.
Terms & Conditions apply.
Retirement Benefit
Retirement Benefit
Retirement Benefit
The Fund is committed to supporting our members with retirement benefits based on years of contribution:
- Less than 2 years: Return of your own contributions to the Fund.
Terms & Conditions apply.
- 2 to 5 years: Your contributions plus 5% compound interest per year, up to a maximum of R2,500.00.
- 10 to 15 years: A retirement benefit of R10,000.
The Fund is committed to supporting our members with retirement benefits based on years of contribution:
- Less than 2 years: Return of your own contributions to the Fund.
Terms & Conditions apply.
- 2 to 5 years: Your contributions plus 5% compound interest per year, up to a maximum of R2,500.00.
- 10 to 15 years: A retirement benefit of R10,000.00.
- 15 years and more: A retirement benefit of R15,000.00.accordingly.
Death Benefit
Retirement Benefit
Retirement Benefit
In the Unfortunate event of the death of a SACCAWU Benevolent Fund member, the Fund provides support to the member 's nominated beneficiary through a Death Benefit:
- Member’s Death Benefit: Upon submission of the member’s Death Certificate, the nominated beneficiary will receive R5,000.00.
- Spousal Cover: In the event of a spouse’s passing,
In the Unfortunate event of the death of a SACCAWU Benevolent Fund member, the Fund provides support to the member 's nominated beneficiary through a Death Benefit:
- Member’s Death Benefit: Upon submission of the member’s Death Certificate, the nominated beneficiary will receive R5,000.00.
- Spousal Cover: In the event of a spouse’s passing, the member will receive R1,500.00.accordingly.
Terms & Conditions apply.