National Operations Manager at Private Security Sector Provident Fund - Johannesburg, Gauteng, South Africa
The Private Security Sector Provident Fund (PSSPF) is one of the largest provident funds in the continent providing the private security employees and their immediate families with benefits on retirement, disability, death and funeral. We have more than 332 000 active members and assets worth in excess of R 5.7 billion. PSSPF is a defined contribution Provident Fund established in 2002 to give security employees peace of mind on their financial security when they retire. This is done by ensuring that all funds in our safekeeping are responsibly invested and accounted for, and that benefits are paid out efficiently, accurately and on time. We have a solid track record in protecting our members' interest and safeguarding the value of active members' retirement savings. Since the PSSPF came into effect, it automatically improved members and their families' lives by providing better retirement, disability, death and funeral benefits. Since the provision of such benefits, it is estimated that more than 2 million families have directly and indirectly benefited by virtue of their loved ones being part of this legislated fund.