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Federated Pension Scheme

The Federated Pension Scheme was created to provide social security protection to workers in the quasi-government organization. It will be recalled that the founding member institutions initially ran their individual schemes until 1973 when they were federated and administered by SSHFC.

The Pension Fund is one of the constituent funds of SSHFC. It is a final pay scheme in the sense that it pays benefit based on the age, length of qualifying service and final salary as the date of retirement from service or on the date of retirement from service or on the date of death of the member.

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