Local newsNews

GEPF on a drive to empower members and pensioners

The main purpose for this initiative is to interact with the Fund’s active members, pensioners and beneficiaries in order to inform and educate them about the Fund’s services, processes and benefits.

MBOMBELA – The Government Employees Pension Fund (GEPF), through its national outreach campaign, will be visiting Enhlanzeni District Municipality in Mpumalanga on Saturday, at the Tshwane University of Technology (TUT) Mbombela campus.

The main purpose for this initiative is to interact with the Fund’s active members, pensioners and beneficiaries in order to inform and educate them about the Fund’s services, processes and benefits.

Members will have their queries attended to on site and also to be able to update their personal information.

Some of the issues that GEPF will address include the rumours relating to the cessation of pension gratuity payouts and unclaimed benefits of untraceable beneficiaries.

It is hoped that the roadshow will provide GEPF with the opportunity to locate some unknown possible beneficiaries within the province and will allow them to come forward and claim their long outstanding pension benefits.

In order to improve service delivery to the more than 17 038 active members and about 5 382 pensioners within the Ehlanzeni District Municipality, GEPF established a Regional Office situated in Block A, 19 Hope Street, Ciliata Building, Mbombela.

GEPF is the largest pension fund in Africa, with over 1.2 million contributing members and more than 320 000 pension recipients. The Fund is also responsible for the more than R1 trillion of assets which are under its management.

The Fund was established on May 1 1996 through the amalgamation of a number of pension funds serving government employees and has therefore been in existence for 15 years.

It was established in terms of the Government Employees Pension (GEP) Law, Proclamation 21 of 1996, as amended. In terms of the Income Tax Act, GEPF is classified as a ‘Fund established by Law’.

Related Articles

Back to top button