OUR PRODUCTS & SERVICES

We offer social protection to enable people to sustain themselves when they can no longer earn income whether because of old age, injury or disability. We do this by providing Workplace and Housing Finance solutions to employers who are required by law to provide specific services to their employees.

Workplace solutions

Why Choose Us?

We are the number one provider of workplace pension solutions in the Gambia. We are the largest insurers in the area of injuries compensation and our scheme has over 136,000 members in more than 4,790 companies. We are also trusted by the quasi -semi government institutions as well as the private sector to support their employee to prepare for retirement, irrespective of the circumstances. Whether your business is big or small we have a workplace solution that will work for you and your employees.

Workplace solutions for Employers

There is growing evidence that the long-term financial health of your employees affects their productivity. SSHFC Workplace solutions such as our pensions, savings and insurance schemes help you as an employer to offer a more attractive benefits package to attract and retain the best people in your organisation.

Our Offer

We offer a one-stop-shop for all the workplace pensions and savings needs of your employees. No matter the size of your company, whether big or small we are here to help you provide a valuable benefits package to your employees. Our schemes help them to build up their pension pots, generating retirement income through savings or protect themselves against possible loss of income in case of injury at the workplace.

What are the advantages?

What are the costs?

Registration Fee: NIL

Contribution Rate: The contributions vary from scheme to scheme likewise who is responsible for such contributions:

• Federated Pension Fund (FPS): Contribution is 15% of Gross Salary (basic + all fixed allowances). Under this scheme, contribution payment is entirely the responsibility of the Employer (the Employer pays contributions on behalf of the Employee).
• National Provident Fund (NPF): Contributions are 15% of Basic Salary, 10% of which is paid by the Employer on behalf of the Employee, while the remaining 5% is deducted from the employee's salary.
• Industrial Injuries Compensation Fund (IICF): Contributions are 1% of Gross Salary subject to a ceiling of D15.00 for all salaries of D1, 500.00 and above. Here again, the contribution is paid by the Employer on behalf of the Employee.

How to register?

We support you through our registration process which is quite simple and straightforward. Click here for more information:

ABOUT THE REGISTRATION PROCESS FOR EMPLOYERS

How do you manage your schemes?

We manage our schemes by ensuring that all employees are covered, contributions for employees are up to date, membership cards are issued promptly and above all we ensure that qualifying employee members are paid entire benefits and on time.

Workplace Solutions for Members

Welcome to all our existing and new members. Have you just joined one of our workplace schemes through the organisation you work for, are you approaching retirement age and you are not sure what will happen, are you an existing member of one of our schemes but the pension jargon is confusing you, have you just been injured at work? We are here to support you.

Our Offer

We offer a one-stop shop for all your workplace pensions and savings needs.

Have you still got several working years left, are you thinking about what happens when you retire? Well, it is not too late to start, but it's very important that you have all the facts to make an informed decision about your retirement savings pot.

Have you just started saving into your workplace pension, and even though your employer has given you lots of information you are still not clear what it all means?

Are you worried about what will happen to your family if you fall ill or get hurt at work and are not able to go to work? We have a solution for you.

Well whether you are new to our schemes or an existing member we are here to explain it all to you. Click here for THE SCHEME OVERVIEW FOR FPS AND NPF.

What are the advantages?

For you as an employee

Pension calculator: Employees can use our online tool to help them calculate their pension pot themselves.

Hands-on advice and support: If your employees need any assistance or have any questions about any of our schemes our teams are available 5 days a week -they can make a quick call.

Tax relief: Employees will get tax relief from the government when they pay into either the FPS or NPF.

What are the costs?

Registration Fee: NIL

Contribution Rate: Under the National Provident Fund (NPF), employees must contribute 5% of their Basic Salary, which is deducted by their employers from their salary.

How to register?

Would you like to register with one of our schemes and would like to find out more about the registration process? Click here for more information:

ABOUT THE REGISTRATION PROCESS FOR EMPLOYEES

We facilitate the processing of your claims to make the payment of your benefits or compensation as smooth as possible. Click here for more information:

ABOUT BENEFITS PAYMENT

ABOUT INJURIES COMPENSATION