SAMRO Retirement Annuity Fund (SRAF)

samro logoThe SAMRO Retirement Annuity Fund was established in 1969 for members of SAMRO. The Fund is a separate legal entity registered by the Registrar of Pension Fund’s and is administered by a specialist retirement fund administration company (Robson Savage (Pty) Ltd). Every person who was accepted as a member of SAMRO before 1 January 2013, automatically qualified for membership of the SAMRO Retirement Annuity Fund. Contributions were previously made annually to the Fund on behalf of every member who earned royalties in Southern Africa in any particular year by SAMRO from the SAMRO Social Fund. Following changes to the Companies Act which came into effect on 1 May 2013, SAMRO can no longer allocate funds to contribute to the Fund on behalf of members. The funding of future contributions is currently being investigated by the Trustees of the Fund and attorneys have been engaged to advise the Trustees and SAMRO in this regard. The Fund continues to invest existing members’ benefits as before and existing benefits continue to grow with the returns earned by the underlying investments.

Members may retire from the Fund at any time between the ages of 55 and 75. Please refer to the Retirement Information Pamphlet for more information about your options at retirement and the process to follow to claim your retirement benefits. Members who are totally and permanently incapacitated to perform their normal occupation due to ill health, may apply for ill health early retirement before age 55.  


Members are encouraged to complete a Beneficiary Nomination Form, which assists the trustees with identifying your dependants and beneficiaries of your benefit in the Fund in the event of your death. A copy of the Beneficiary Nomination Form can be found under the documents section and the completed form must be faxed or emailed to SAMRO.


If you require any additional information, you may contact Mr Morné Olivier or Ms Precious Ngwepe at the office of the Fund’s Principal Officer (Tel.: +27 11 802 8011).  Click here to download the forms.


 

CONTACT US

PostNet Suite #5
Private Bag X04
Dalbridge 4014

Tel   031 7111 524
Cel   073 678 1901 or 072 3090550
Email info@onexusonline.com

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