Who is ECI
The Electrical Contracting Industry Pension Fund and the Electrical Contracting Industry Provident Fund (the ECI Funds) were established in terms of the Labour Relations Act on behlaf of the National Bargaining Council of the Electrical Industry of South Africa (N.B.C.E.I.) in Regions
A and B.
The intention of the ECI Funds is to assist Members to save for their retirement for at least 35 years. therefore, all decisions made are
done so with this long-term view in mind.
What we offer
Life Insurance
Up to R10 million cover from R100 per month + free Wealth Bonus.
Funeral Benefits
From R100 per month. Individual and family cover.
Retirement Benefits
When you retire, an amount, calculated in terms of the income Tax Act will be free of tax (currently R500 000).
Withdrawal Benefits
The law now makes provision for you to leave your money in the ECI Funds when you are employed in a different industry.
Disability Benefits
You can receive a monthly disability income, should you become temporarily or permanently disabled because of illness or an accident.
Death Benefits
Death benefits are payable to your dependants, beneficiaries or nominees upon your death in service before retirement.
Personal Loans
Loan of up to R300,000. Fixed interest rate. Earn up to 10% Wealth Bonus.
Financial Check
Five-minute quiz. See how financially prepared you are.
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