Pension Fund

Author:

Published:

Updated:

« Back to Glossary Index

Definition of “Pension Fund” :

A Pension Fund in South Africa refers to a type of investment fund established by an employer to provide retirement income for employees. The fund collects regular contributions from the employer and/or employees and invests them to grow over time. Upon retirement, the employee receives benefits from the fund.

« Back to Glossary Index

Latest guides