The Municipal Workers Retirement Fund (MWRF) is pleased to provide an update on the implementation of the two-pot system and the resulting disbursement of funds to its members. To date, R241 139 052.07, has been successfully paid out to members. This reflects the Fund’s operational capacity to execute the legislative frameworks governing pension fund disbursements.…
“The financial services regulator, with help from the auditor-general (AG), is going after municipalities and their officials who deduct pension contributions from their employees but fail to pay them over to the relevant retirement fund”. Full article below.
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“The Municipal Workers Retirement Fund (MWRF) has achieved significant legal victories against the Mafube Local Municipality, ensuring the protection and security of its members’ retirement savings over an extended period”.
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Happy Human Rights Day 2025! Today, we celebrate the vibrant spirit of South Africa and honour the hard-won rights that form the bedrock of our society. At MWRF, we particularly celebrate the rights of workers – the backbone of our nation. We believe in the right to a secure future, and we’re committed to safeguarding…
The Municipal Workers Retirement Fund (MWRF) has been vindicated following the dismissal of multiple complaints lodged against it with the Pension Funds Adjudicator. The Fund remains committed to transparency, accountability, and the financial well- being of its members.
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Dear valued MWRFUND MEMBER It has been just over five months since the implementation of the two-pot retirement system. The Fund is pleased to share significant updates and essential reminders to help you make informed decisions about your retirement savings. As at 18th December 2024 the Fund has processed and paid out 5483 two-pot claims…
TWO POT FULLY PAID REPORT AS AT 11 DECEMBER 2024
SURPLUS DISTRIBUTION: AN IMPORTANT ANNOUNCEMENT FROM THE MUNICIPAL WORKERS RETIREMENT FUND The Municipal Workers Retirement Fund (formerly known as SAMWU National Provident Fund) is in the process of distributing surplus to its former members, and is therefore, calling all members who left the Fund, through retrenchments, dismissal, resignation, retirement or death between April 2005 and…
Government has agreed to delay the implementation of laws which was originally set for 1 March 2015. For now, the delay will be for a year to allow for further consultations at NEDLAC. But should there be no agreement at NEDLAC by end-June 2015, the implementation date may be moved to 1 March 2017.…
SAMWU NATIONAL PROVIDENT FUND CELEBRATES 20 YEARS IN STYLE “We have come a long way celebrating 20 years of existence”. This was said by SAMWU National Provident Fund Principal Officer, Themba Mfeka, during the 20 years celebration held in East London on July 24, 2014. The Theme for the day was “Going back to the…
