SACA Retirement Fund


The SACA Retirement Fund was established in 2005 with the dual objective of providing players with a trusted entity to put away money for retirement, and offer players group life, disability and funeral insurance.

There is no cost to players as Cricket South Africa (CSA) contributes a percentage on behalf of every Franchise player’s monthly remuneration to the fund while the National Men and Women receive monthly contributions through their CSA  contracts. Top-up contributions to the fund can be made by players who wish to make additional provision for retirement.

On retirement or loss of contract, a player may transfer the benefit to a similar fund without any tax implications. The benefit may be also be claimed in cash although this would be subject to a tax deduction.

Click here to view the SACA Retirement Fund Brochure.

 

FAQ’s 

National (men&women) and Franchise contracted cricketers are eligible for this benefit while under contract. Senior Provincial players have access to the fund through personal contributions whereas Proteas men, women and Franchise players receive SACA contributions under the current MOU agreement.

Players can contact Tess du Plessis (021 462 0438) | tessa@saca.org.za) at SACA to request a balance update. This indicates the amount that the player has accumulated in the fund.

Contributions by players, in addition to those made by CSA, can be made through each player’s Franchise or CSA payroll. Tess (tessa@saca.org.za) should be contacted to arrange this.

Players may claim their benefit in the event that they retire or have lost their professional cricket contract

A A Claim Form needs to be completed by the player and submitted along with proof of bank details and copy of ID, to Tess du Plessis Claim Form needs to be completed by the player and submitted along with proof of bank details and copy of ID, to Tess du Plessis ( tessa@saca.org.za ) at SACA

A Claim Form needs to be completed by the player and submitted along with proof of bank details and copy of ID, to Tess du Plessis ( tessa@saca.org.za ) at SACA

If the claim form and supporting documentation was submitted correctly, the claims process should take between 6-8 weeks

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