By Mbono Mdluli
MBABANE – The Eswatini National Provident Fund (ENPF) has officially increased the statutory contribution for employees from E370 to E400. This adjustment follows the increment of the contribution ceiling from E3,700 to E4,000 per month, as announced in a statement released on January 13, 2025.
The statement confirmed that the Honourable Minister for Labour and Social Security, Phila Buthelezi, approved the increase under Legal Notice No. 5 of 2025, effective January 1, 2025. Consequently, the maximum contribution per employee is now E400 per month, split equally between employers and employees (E200: E200).
Legal Notice Details
The public notice emphasized that, as per Section 2 (1)(b) of Legal Notice No. 5 of 2025, wages up to E4,000 per month are subject to contributions for the year 2025. Employees are encouraged to review their payslips to ensure correct deductions have been made.
According to the statutory contribution framework:
2025: Contributions apply to wages of E4,000 or less.
2026: Ceiling increases to E4,300.
2027: Ceiling rises to E4,600.
2028: Ceiling reaches E4,900.
2029: Ceiling sets at E5,200.
Any wages exceeding the prescribed limits for a particular year will not be considered for statutory contributions.
Regulations and Citation
The changes were enacted under the powers granted by Sections 14 and 15 of the Swaziland National Provident Fund Order, 1974. The updated regulations will remain in effect for five years, concluding at the end of 2029.
This increase aligns with the Fund’s ongoing efforts to ensure sustainable benefits for members while adapting to the evolving economic landscape.
