Tumla Investment signs LSL MOA With NCSL

Tumla Investment signs LSL MOA With NCSL

Tumla Investment signs LSL MOA With NCSL

We are delighted to partner with Tumla Investment Limited under a Memorandum of Agreement to provide a Long Service Leave (LSL) Savings Account to eligible Tumla employees.

The savings account will accommodate Tumla employees’ LSL entitlements, where 80% of the net LSL for individual employees will be transferred to NCSL upon voluntary membership registration.

The Society will manage Tumla employees LSL entitlements until members employment with the company is terminated or member reaches 15 years term of service with Tumla. Members LSL accounts will also earn an annual interest.

Tumla Investment’s Managing Director, Irad Nadi expressed, the LSL savings product is a great initiative for the staff who take a little more once they leave or retire from formal employment.

Speaking about the collaboration, NCSL Chief Officer Member Services, Maranuf Tataeng shared, “NCSL is proud to partner with Tumla to provide such a vital service to its staff. By offering accessible and reliable financial services, NCSL continues to support employers who are concerned about their employees’ financial wellbeing.

Tumla Investment Limited Managing Director, Irad Nadi and NCSL Chief Officer Member Services with the signed agreement.

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