The trade union UASA is taking a keen interest in providing good leadership and advice in respect of the very important developments in the MIBFA pension funds. Both the surplus apportionment as well as the conversion of the EIPF from a defined benefit to a defined contribution fund are very important issues and require members in the steel industry to apply their minds so that they can make informed decisions.
A core group of UASA leaders have been trained and are awaiting your calls to be of assistance. You may SMS UASA MIBFA to 32545 and one of the trained representatives will contact you without delay.
To read more about the MIPF surplus apportionment, click here http://www.mibfa.co.za/apportionment.aspx
To read more about the EIPF surplus apportionment, click here http://www.mibfa.co.za/apportionment.aspx
To read more about the conversion of the EIPF from a DB to a DC fund, click here