The Regular Force Medical Continuation Fund was established on 01 January 1964 as a private fund and is therefore not governed by the financial authority of the Department of Defence. The aim of the fund is to provide medical, dental and hospital treatment to members of the Regular Force who retired or retire on pension, on or after 01 January 1964, and their families and the families of members of the said Force who died on or after the said date. Furthermore, the fund was established in order to continue to provide all medical benefits to which a member of the Regular Force was entitled to during their term of service. The Regular Force Medical Continuation Fund was created by the Defence Act as a SANDF Fund. The Fund therefore has to comply with the Defence Act and the General Regulations promulgated by the Minister of Defence in terms of the Defence Act.
The Regular Force Medical Continuation Fund is committed to the principles and practices of fairness, openness, integrity and accountability in all dealings with its stakeholders. The Regular Force Medical Continuation Fund, governed by the Defence Act, 42/2002 and the General Regulations Chapter XV promulgated in terms thereof, has been adhered to. The Fund is also fully committed to the principles of the Code of Corporate Practices and Conduct set out in the King Report on Corporate Governance.