SRAF & FUNERAL BENEFIT
Member Benefits
The SAMRO Retirement Annuity Fund and Funeral Benefit Scheme have been established to provide benefits for members.
RETIREMENT ANNUITY
What is the Retirement Annuity Fund?
The SAMRO Retirement Annuity Fund was established in 1969 for members of SAMRO.
The Fund is a separate legal entity registered by the Registrar of Pension Funds and is executed
by a specialist retirement fund administration company; (Robson Savage (Pty) Ltd).
Non-contributory
Benefits will be paid if the member passes away and the death is reported within 12 months, if they reach retirement age (55 years old), or if they are suffering from an illness that leads to incapacity.
Eligible for elected SAMRO composer members
Who qualifies?
Membership to the SAMRO Retirement Annuity Fund is automatically granted to all individuals who have been accepted as members of SAMRO by the Board of Directors.
Contributions
Contributions are made annually to the Fund on behalf of every member who earned royalties in any particular year by SAMRO. Contributions are invested by the fund to accumulate retirement capital for each member.
When can a member claim their retirement fund?
The SAMRO Retirement Annuity Fund allows its members to retire at any point between the ages of 55 and 75. If you are approaching retirement age, we recommend that you refer to the Retirement Information Pamphlet for comprehensive details about your retirement options and the procedure for claiming your retirement benefits.
FORMS
Retirement Annuity Forms
Links to the appropriate forms are provided below:
Retirement notification form
RETIREMENT ANNUITY FUND - Trustees’ Report
Voluntary contribution form
Death before retirement notification
SRAF beneficiary nomination form
DOWNLOADS
Additional Information
RETIREMENT ANNUITY FUND - Trustees’ Report 2018
RETIREMENT ANNUITY FUND - Trustees’ Report 2022
RETIREMENT ANNUITY FUND - Trustees’ Report 2023
SAMRO Retirement Annuity Fund Rules
FUNERAL BENEFIT
What is the Funeral Benefit Scheme
In 1998, the SAMRO Funeral Benefit Scheme was added to its Benefits Programme to assist composers with the burdensome costs associated with funeral arrangements.
Non-contributory
Benefits will be paid if a death is reported within six months from the date it occurred
Eligible for elected SAMRO composer members
FORMS
Funeral Benefit Forms
Links to the appropriate forms are provided below