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Rhulani's employees take care of their private pension

  • March 28, 2018 | Rhulani Safari Lodge

It is certainly a major milestone for the staff of Rhulani Safario Lodge. All employees have decided via a new corporate pension plan to save for old age and protect themselves against life risks. We selected the plan “FundsAtWork” from Momentum.

"FundsAtWork" presented to our staff by Trevor Kingsley-Wilkins, Principal at momentum

With the salary payment of March 2018 every employee is a member of Momentum's plan "FundsAtWork". Rhulani's owner Rolf Steiner, who works in Switzerland for a life insurance company himself, is very impressed with this development. "This time we did not simply introduce a new condition or benefit as an employer. The desire for a better retirement and survivors' benefits came from our own employees."

The contribution is 15% of the monthly salary, half of which is paid by the employee and employer. There was not a single employee who spoke out against old age saving and thus against a personal contribution, so that the plan is considered as a general "company benefit". This will apply also for all new staff we will employ in the future.

Trevor Kingsley-Wilkins, Principal at Momentum, visited us on March 28 and presented all the details of the new Provident Fund in our conference room. "He did it in a very understandable way, with simple words" says Rhulani's Assistant Manager Carla Baasden, "so everyone understood that such provision is very useful, and it's not just a society taking away your money."

We were lucky enough  to actively shape what the exact "FundsAtWork" plan should look like, so that it is tailored to our needs. In addition to the traditional, invested savings, there are other benefits, such as a family benefit, a death and a disability capital.