The Seychelles Pension Fund is a corporate body set up under the Seychelles Pension Fund Act No 8 of 2005 in order to
- provide for the financial security of members by the payment of a monthly retirement pension for life;
- provide for the financial security of the surviving spouse and children of members who die before retirement or after by the payment
of a monthly surviving spouse’s pension or children’s pension;
- provide for the financial security of those who are incapacitated due to injuries or illness while being employed or thereafter;
- provide death benefit where a member dies before reaching retirement age and has no surviving spouse living with him at the
time of death or children;
- enable workers to spend their retirement in basic comfort;
- to promote individual voluntary contributions to the Fund;
- to enable members to use the voluntary contributions to their credit as security for a housing loan or a loan for medical treatment.
The Fund is jointly supported by employees, employers and the Government of Seychelles.
The day to day affairs of the Fund is managed by a Chief Executive Officer who reports to the executive
Board of Trustees of the Fund on matters relating to the management of the Fund in the best interest of its members.