introduction
OUR BACKGROUND
The SALA Pension Fund was established in March 1985 to offer a financial safety net for employees of Local Authorities. This fund was specifically designed to ensure that these workers and their families have the necessary financial support in the face of retirement, death, or health-related issues that could hinder earning ability.
When the fund was created, employees who were already participants in various other Local Government pension schemes were seamlessly integrated into the SALA Pension Fund. Importantly, these employees were granted full credit for all their previously completed years of service, ensuring that their retirement benefits reflected their entire period of employment.
Today, the SALA Pension Fund boasts a membership comprising approximately 13,000 active contributors. Additionally, the fund supports about 4,500 pensioners. The majority of its members hail from the municipal and police service sectors, illustrating the fund’s role in supporting individuals primarily dedicated to public service.
