ISASA provides both a Pension Scheme and Provident Fund to its member schools. These funds are voluntary and schools can elect to join either fund, or retain their own retirement savings fund. The ISASA Funds are administered by Old Mutual.
Each employee at a participating school is a member of one of the following Funds (as selected by the school):
- Pension Scheme Part I (Defined Benefit Pension Fund)
- Pension Scheme Part II (Defined Contribution Pension Fund)
- Provident Fund (Defined Contribution Provident Fund)
Additional information is available on the dedicated Pension Scheme and Provident Fund website. Contact details for the Fund’s Principal officer and the Old Mutual Account Executives are also available on this website.