This section provides guidance on membership, contributions, and benefits provided under the BIBC Retirement Funds, helping employees and employers understand how to secure financial stability and prepare for retirement.
This document is the Member Information Booklet (April 2022) for the Building Industry Pension Scheme and Provident Fund (Western Province). It provides a comprehensive overview of the retirement, insurance, and welfare benefits available to employees within the building industry.
This document is used by employers to declare the anticipated monthly contributions payable in respect of their registered employees.
This document is the Retirement Fund Beneficiary Nomination Form and is a legal document that allows members to designate who should receive their death benefits from the Pension or Provident Fund.
This document is the Funeral Insurance Policy (Policy number 18654053x0) issued by Sanlam Life Insurance Limited to the Building Industry Bargaining Council (Cape of Good Hope). it outlines the formal agreement and terms for funeral coverage provided to eligible employees within the building industry.
This document is the Funeral Insurance Beneficiary Nomination Form (SEB001E), issued by Sanlam in partnership with the Building Industry Bargaining Council (BIBC). It is used by fund members to formally designate who should receive a funeral benefit payout in the event of their death.
This document contains the Revised Rules of the Building Industry Pension Scheme (Western Province). It is a formal legal and administrative framework that has been duly approved and registered by the Financial Sector Conduct Authority (FSCA) in accordance with the Pension Funds Act of 1956 and the Income Tax Act of 1962.
This document outlines a formal resolution passed by the Board of the Building Industry Pension Scheme (Western Province) on May 28, 2024 to amend the scheme's rules to implement the South African government's "Two-Pot" Retirement System, effective from September 1, 2024.
This document contains the Official Rules of The Building Industry Provident Fund (Western Province). It serves as the primary legal and administrative manual governing the operations, management, and benefit structures of the Provident Fund.
This document is a formal legislative update to the rules of The Building Industry Provident Fund (Western Province). Registered by the Financial Sector Conduct Authority (FSCA) in August 2024, it outlines the transition to the South African government's mandated "Two-Pot" Retirement System, effective from September 1, 2024.
This document is the FSCA Conduct Standard 1 of 2022 (RF), titled "Requirements Related to the Payment of Pension Fund Contributions." Issued by the Financial Sector Conduct Authority (FSCA), it establishes the mandatory legal requirements for how employers and retirement funds must handle pension fund contributions in South Africa.
This document is a formal Compliance Notification issued by the Building Industry Bargaining Council (BIBC) on March 20, 2023. It serves to inform employers of their legal obligations under FSCA Conduct Standard 1 of 2022, which governs the payment of pension fund contributions.
This document is a formal Notification and Request for Information issued by the Building Industry Bargaining Council (BIBC). It serves as an annual update to ensure that all participating employers comply with Section 13A of the Pension Funds Act and FSCA Conduct Standard 1 of 2022.
This document is a Responsible Person Information Data Template (originally in Excel format). It serves as a structured tool for employers to provide the specific personal and contact details required by the Building Industry Bargaining Council (BIBC) and the Financial Sector Conduct Authority (FSCA).
This document is a formal Payroll Circular issued by the Building Industry Bargaining Council (BIBC) on November 1, 2025. It provides instructions to Payroll Administrators regarding the tax treatment of Permanent Health Insurance (PHI), also known as Disability and Funeral Insurance, for the period ending October 31, 2026.
This document is a formal Payroll Circular issued by the Building Industry Bargaining Council (BIBC) on November 1, 2024. It provides instructions to Payroll Administrators regarding the tax treatment of Permanent Health Insurance (PHI), also known as Disability and Funeral Insurance, for the period ending October 31, 2025.
