About SENPF

A national provident fund created for South Africa’s private security sector.

Fund Overview

Serving security employees since 1996

The SENPF was registered and established in 1996 specifically to meet the needs of the Private Security Sector. It is managed by a Board of Trustees represented by Employer Trustees, Employee Trustees and an Independent Trustee.

The Fund caters for all categories of security and may underwrite participating companies using actual salaries rather than graded categories, helping benefits better reflect members’ earnings.

Who We Serve

Membership categories

Clear membership and benefit structures for participating employers and employees.

Permanent Members

Employee and employer contributions fund retirement savings, risk benefits and Fund costs.

Probation Members

Probation members may receive defined risk benefits during the waiting period, subject to Fund rules.

Risk-Only Members

Risk-only arrangements may include family funeral cover, funeral management services and applicable fees.

Contributions

How contributions work

Contributions are based on a percentage of the employee’s salary, with an equal employer contribution.

Employer contribution: funds risk benefits and Fund costs, including family funeral cover, group life, disability, personal accident, funeral management services and administration.
Employee contribution: together with any surplus from the employer contribution, is invested toward the member’s retirement savings.