Employee Benefits

Printing Industry Provident Fund

o Annuity / Lump sum on retirement

o Preservation /Withdrawal only applies if leaving employment in the

industry

o Death and disability benefits

o Investments grow until payout

Printing Industry Pension Fund for SATU Members 

o Monthly pension at retirement

o Preservation / Withdrawal if leaving employment in the Industry

o Death and disability benefits

o Investments grow until payout

Funeral Benefits (Member, Spouse, Child)

Financial support for funeral expenses. TFS handles claims and payment

administration.

Who is covered:

• Union Member, spouse (customary/common-law), dependent children,

certain pensioners

Benefit amounts:

• Member: R25 000

• Spouse: R25 000

• Child 14 to (20/25 Years):R25 000

• Child (6 to 13):R12 500

• CHILD Under 6(Including stillborn babies) :R6250

Requirements: Notify fund within 6 months, submit documents (death certificate, IDs,

birth/marriage proof, banking info). Affidavits may be accepted.

It must be noted that if the member did not complete a nomination or if the

nomination is invalid, KGA will pay the Death Benefit to the member’s estate.

Sickness, Maternity & Health Benefits

Support if you cannot work due to illness or pregnancy. TFS manages verification

and payments.

Sickness:

• Employer sick pay: First 3 weeks at 75% of wage

• EBF: R200/week (first 2 weeks), R150/week (next 21 weeks)

• Medical proof required

Accumulated Sick Leave:

• Up to 60 days, employer pays full salary

• Employer can claim 50% refund from Fund

Maternity:

• Up to 18 weeks, R250/week if employer does not pay

• Contributions must be current; notification required

Health Maintenance:

For TB, drug/alcohol dependency, other serious illnesses approved by Trustees

Up to 26 weeks, R378/week

Requires compliance with treatment

Unemployment & Redundancy Benefits

Financial assistance if you lose your job. TFS administers these claims.

Unemployment:

• Up to 26 weeks, R250/week

• Must be seeking work, contributions up to date, not dismissed for

misconduct

Redundancy:

• Assistance for restructuring, technology changes, or reduced earning

capacity

• May include weekly allowance or reskilling support

• Case-by-case approval

Bursary Benefits for Children

Support for members’ children’s education. TFS manages bursary applications and

payments.

• R5,000/year, paid directly to the institution

• Maximum 25 bursaries/year

• Child under 25, full-time student, academic average ≥65%

• Applications close 31 January yearly