Our Vision

To Provide for an institution of a Provident Fund to the Seafarers as an old age retirement benefit to them and also to their family members in the event of death.

Our Mission

  • To protect financial interests of seafarer by ensuring recovery of statutory dues i.e. employers and members contributions from Shipping Companies and RPS Agents.
  • To levy penal charges (damages) for delay in remittances and recovering the same from defaulters under Seafarers’ Provident Fund Act, 1966 and Seafarers’ Provident Fund Scheme, 1966.
  • To provide timely help to the seafarer by way of Non-Refundable Withdrawal from Provident Fund for:
    • continued un-employement
    • medical expenses of self and family members
    • marriage of family members and self
    • higher education of family members
    • construction of house or purchase of flat.
  • To settle the claims of members on retirement/cessation of sea service and claims of nominee or legal heirs in case of death.