Thursday, 28 March 2024

 
Membership:

If you are retiring from the Metal Industries Provident Fund please click here

Engineering Industries Pension Fund & Metal Industries Provident Fund
 
 
 
 
Who Must Contribute to the Metal Industries Benefit Funds?
 
A new employee who is employed in a scheduled occupation in the Metal and Engineering Industries has the choice of joining either:
 
 
THE ENGINEERING INDUSTRIES PENSION FUND
 
OR
 
THE METAL INDUSTRIES PROVIDENT FUND
 
 
Definition of a scheduled employee:
 
A scheduled employee is defined as any employee whose minimum rate of pay is scheduled in any Agreement of the Iron, Steel, Engineering and Metallurgical Industries and generally includes most technical/production occupations in the Metal Industry. For clarity regarding the categories of work deemed to fall within a scheduled occupation, please contact the Bargaining Council in your area.
 
 
Completing the Option Form:
 

The member must complete an Option Form to show which Fund s/he chooses and has three months in which to change his or her choice. An Option Form must be completed and sent to MIBFA's offices.

Please note that membership of one of the Funds is compulsory for all employees who fall within the scope of the Industrial Agreement and they may not withdraw from the Fund while they remain employed.

Details are set out in the Engineering Industries Pension Fund and Metal Industries Provident Fund agreements, which have been published in Government Gazette No. 18884 by the Minister of Labour as amended and re-enacted from time to time.

Membership will end once an employee ceases service in the Industry. If s/he receives a disability income benefit, s/he is still considered to be in service of the Metal Industry.

 
 
The Membership Number:
 

The ID number of the member is used as the membership number and should be quoted in all correspondence with the Fund.

If the member stops working for his or her current Employer and starts working for another Employer in the Industries, and has not been paid a benefit, s/he will remain a member of the Fund originally chosen. His or her contributions then continue to be captured against the same identity number.

Should the identity number of the member change, it is important that the details are corrected on the contribution schedule. This way the Funds are notified and the consolidation of the members' records may be confirmed.

If the Funds are not aware of changes to the members' details, it may result in delays in matching the claimant to the various identity numbers s/he may have contributed under at claim time. The consequences may result in short payment of the members' benefit or unnecessary queries on benefit statements.