About Us

Notice To All Employers
In The Construction Industry

The Employer’s Organisations and the Trade Union, being parties to the Council have concluded their deliberations on the directive by the Insurance Pension Commission (IPEC) to allow the Pension Fund to collect on its behalf with effect from 01 October 2016. Employers are therefore requested to remit pension deductions/ contributions directly to the Pension Fund.


We will update a pensioner’s record with any changes to personal details once every month before effecting the monthly payroll.

We will send to each pensioner a certificate of existence, by 31 March each year for subsequent completion and return to the Fund. Failure to return the completed certificate will result in pension payment being suspended.

We will acknowledge receipt of notice of death of a pensioner and start to process payment of dependents’ benefits, provided all details and documentation are at hand, within one month of receipt of the notice.

Who We Are

The Construction Industry Pension Fund is a successor to the Building Industry Pension Fund which was established on the 1 st of July 1969. It is registered under the Pensions and Provident Funds Act (Chapter 24:32) and constituted by Statutory Instrument (SI) 323 of 1991 as amended by SI 243 of 2006. Its rules and regulations are founded in SI 239 of 1992 as amended by SI 276 of 1995. The Fund’s constitution and regulations are amended from time to time to align with laws of the Country and changed circumstances. The objects of the Fund are to provide for the payment of pensions and death benefits and to enable employers should they wish to do so, to provide past services pension benefits for their employees. It is a Defined Contribution Occupational Pension Scheme. Membership to the Fund is compulsory for all employees with designated trades in the Construction Industry. The pension contributions are made up of the member’s portion and the employers’ portion. The members contribute at a rate of 5% of the member’s wage/salary and the employees contribute 7%, the fund is run by an independent chairman. who is appointed by Council. This Board is non-executive. The Chief Executive Officer is the Principal Officer of the Fund according to the Act referred above and is assisted by Heads of Departments in the day to day management of the Fund.

Our Vision Statement

To provide pension benefits that meet member expectations.

Our Mission Statement

We deliver sustainable value and benefits to members of the Fund.

Our Values

Member Focus

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