Pension Benefits

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What Service We Provide

Retirement Benefit

A lump sum or pension payable to a member upon reaching retirement age, providing financial security after active employment ends.

Health Benefit

A provision to assist members with medical expenses or health-related costs, helping to reduce the financial burden of healthcare.

Retrenchment Benefit

A payout made to members who are retrenched, offering financial support during periods of involuntary job loss due to company downsizing or restructuring.

Resignation Benefit

A cash benefit payable when a member voluntarily resigns from their job, allowing them to access their accumulated contributions.

Death Benefit

A benefit paid to the nominated beneficiaries of a deceased member, ensuring financial support for the member’s dependents after their passing.

Dismissal Benefit

A payout provided to members who are dismissed from employment, giving them access to their retirement savings despite the termination.

Motor Industry Pension Fund

Join the Motor Industry Pension Fund Today

If you are an employee or employer in the motor industry, participating in the Motor Industry Pension Fund is not just a legal requirement—it’s a proactive step towards building a financially secure future. For more information on how to enroll, manage your account, or understand your benefits, please contact our offices or visit our membership section.

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