INCREASE IN MANDATORY CONTRIBUTION RATE

Government has approved the Seychelles Pension Fund’s proposal for an increase in members’ mandatory contribution. As of July 2017, all employees will pay 1% additional contribution from their gross monthly salary. This will be further enhanced by a 0.5% increase by employers in January 2018 and a further 0.5% in January 2019. This means that…

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OPENING OF EVE ISLAND WAREHOUSE

In a short ceremony which took place on Saturday 24th June 2017 to coincide with the National Day celebrations on Praslin, the Seychelles Pension Fund officially opened the Eve Island Warehouse project, by Mrs. Lekha Nair, the CEO of SPF and Mr. Bernard Adonis, who is an SPF Board member. The warehouse was designed in…

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National Workers’ day mass

The Seychelles Pension Fund in collaboration with the Catholic Church organized a mass on Wednesday 26th April at the Immaculate Conception Cathedral to mark the National Workers Day. The well attended event brought together workers and people from different organizations and walks of life in a moment of worship and praise. SPF first started the…

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