Retirement
Risk Benefits
Contributions
Claims
South African Chemical Workers Union
Provident Fund
The South African Chemical Workers’ Union (SACWU) is a trade union representing workers in the chemical industry in South Africa.
The union was founded in 1973 and affiliated to the Consultative Committee, a loose grouping of trade unions. It was initially very small, and had grown to only 960 members by 1979. In 1980, it affiliated to the new Council of Unions of South Africa, and grew rapidly, with 9,479 members by the end of the year. In 1986, it transferred to the new National Council of Trade Unions (NACTU), at which point it had 30,000 members.
By 1994, SACWU was NACTU’s largest affiliate, its membership being similar to that of the rival Chemical Workers’ Industrial Union. In 2011, its membership was about 30,000.
The SACWU National Provident Fund provides retirement, death and disability benefits to the chemical workers in South Africa.
SACWU National Provident Fund was established on the 1st of November 1989. The Fund has several participating employers in the chemical, energy and pharmaceutical sectors. Members in these sectors have an option to join their company sponsored retirement funds or SACWU National Provident Fund.
Member elected Board of Trustees have been actively involved in the management of the Fund over the years.
New Claims Process
The Two Component legislation required all administrators to CHANGE their WITHDRAWAL AND RETIREMENT CLAIM PROCESS to a DIGITAL PLATFORM.
The reason being that members are now MEMBERS FOR LIFE because the ‘retirement pot’ may only be paid when they retire or in the event of death, to the dependants and/or nominees.
The DIGITAL solution means that the MEMBER can continue to communicate with the Fund and administrator until ALL their benefits have been paid.
MEMBERS are requested to register on OLD MUTUAL SECURE SERVICES to get their Fund information and submit their claims when they withdraw or retire.
With effect from 1 September 2024, ALL EXITS must be done on OLD MUTUAL SECURE SERVICES MYCLAIM.
Members who have claim queries should contact 0860 20 30 40 for assistance.