Celebrating Our Members This Workers’ Day

Today, we honour the hardworking women and men who keep our municipalities running. For 30 years, the Municipal Workers Retirement Fund (MWRF) has proudly stood beside South Africa’s municipal workers — protecting your retirement savings and supporting your rights every step of the way. On this Workers’ Day, we salute your dedication, resilience, and commitment

MWRF Announces Unqualified Audit Opinion for Financial Year Ended 30 June 2023

The Municipal Workers Retirement Fund (MWRF) demonstrates a commitment to financial accountability and sound management practices. This is evidenced by the unqualified opinion issued by the independent auditors on 27th September 2024, following their audit of the Fund’s annual financial statements for the year ended 30 June 2023. The audit was conducted in accordance with International Standards on Auditing. The auditors, PKF VGA Incorporated, confirmed that the financial statements were prepared in accordance with the Regulatory Reporting Requirements for Retirement Funds in South Africa.

This unqualified opinion signifies that the financial statements present a fair and accurate representation of the Fund’s financial position and performance. Furthermore, the auditors drew on evidence obtained regarding information contained in the schedule that has been extracted from the Fund’s underlying accounting records that were the subject of their audit engagement on the annual financial statements. This thorough scrutiny of the Fund’s financial records provides stakeholders with confidence in the integrity and reliability of the reported financial information.