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The Construction Industry Pension Fund (CIPF) is a successor to the Building Industry Pension Fund which was established on the 1st of July 1969. It is registered under the Pensions and Provident Funds Act (Chapter 24:09) 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.

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