Scheme Finance

When are contributions deducted by debit order?

There are two deduction dates to choose from, either 25th or 1st of every month.

Contributions are deducted monthly in arrears.

What termination notice is required?

In cases where members belong to a company but are not leaving the company, 3 months’ notification is required

1 calendar month is required if the member is resigning from the company

1 calendar months’ notice is required for dependant terminations

When are the billings sent to companies?

All billings are emailed on the 10th of each month