Employers

For Employers

The fund currently receives contributions from some 800 employers equating to R1 billion annually. An Employer is only registered when the first payment is received and allocated. Any registrations not finalized within 6 months will be closed and referred to NBCPSS for action.

Employer Compliance

Read more about employer compliance and exemption.

Frequently Asked Questions

Question 1

  • Q: How do I become a member of the provident fund?
  • A: Your employer is required to be a participating employer in the fund if it is an employer in the Private Security Sector. The employer is required to register you as a member of the Fund when you become an employee of the employer.

Question 2

  • Q: What is an AOD?
  • A: An AOD is an Acknowledgement of Debt Agreement. In the context of the fund, this is usually an agreement entered into by the employer with the fund whereby the employer acknowledges his indebtedness in respect of the payment of outstanding contributions and late payment interest for past periods, and affords the employer a limited period of time within which to pay the outstanding contributions together with late payment interest in order for members’ full benefits to be paid. In the event that an employer breaches this agreement the employer then the civil litigation route is followed as well as the criminal litigation by way of reporting the theft/fraud to SAPS.

News and Media

Explore our latest employer news and media releases.

Keynotes Member News June 2022

The reduced contribution rate of 5% will come to an end on 31 August 2022 and the normal contribution rate of 7.5 % will apply for members and employers effective 1 September 2022.

Keynotes Member News May 2022

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This edition of your newsletter is dedicated to introducing the newly elected Board of Trustees, and we share with you their vision for the future of the Fund.

Keynotes Member News December 2021

At the start of a New Year, we would like to take this opportunity to thank you for your continued support throughout the past 12 months.

Quick Links

Browse our latest quick links for employers.

New Employer Registration

In order for us to proceed in registering your company and for a smooth on-boarding process, we require the following documentation.

Compliant Employers

This is an Employer for whom – from inception of the employer.

Non-Compliant Employers

This is an employer who does not meet all the criteria for the Compliant Employers.