GEPF Chairperson Dondo Mogajane announces launch of Transformation Policy
Media Statement10 October 2023 Government Employees Pension Fund (GEPF) Chairperson Dondo Mogajane officially launched the GEPF’s Transformation Policy last week, marking a watershed move for economic transformation in South Africa. This policy, unveiled at the GEPF Annual Thought Leadership Conference 2023 in Cape Town, will throw the full weight of Africa’s largest pension fund behind […]
The Government Employees Pension Fund Pensioners Will Receive A 5.55% Annual Pension Increase As Of 1 April 2023
Date: 14 March 2023 The Government Employees Pension Fund (GEPF) is pleased to announce an annual pension increase of 5.55% to its pensioners as of 1 April 2023. The GEP Law and Rules requires the Board of Trustees to implement annual pension increases as follows: In line with the GEP Law and Rules, the 5.55% […]
2020 Video By Mr. Geordin Hill-lewis About Gepf Plan To Bail Out Eskom Recirculating On Social Media
2 March 2023, Pretoria There is an old video from as far back as early 2020 that is recirculating on social media of the current mayor of Cape Town, Mr. Geordin Hill-Lewis, before he became the mayor, in which he states that the GEPF intends to bail out Eskom to the tune of R250 billion. […]
The Government Employees Pension Fund (Gepf) To Implement Revised Actuarial Factors Following Statutory Actuarial Valuation
MEDIA RELEASE 26 October 2022, Pretoria The GEPF will from 1 November 2022 implement its revised actuarial factors. This follows the 31 March 2021 statutory actuarial valuation report of the Fund. The actuarial interest factors are updated in line with any changes to the assumptions used at each statutory actuarial valuation of the Fund. The […]
Clarity on increased tax deductions on pension payments
MEDIA STATEMENT Date:04 October 2022 The Government Employees Pension Fund (GEPF) has noted the concern raised by some pensioners with respect to a reduction in their pension this month. As required by the Income Tax Act, the Government Pensions Administration Agency (GPAA) implemented a directive from the South African Revenue Service (SARS) that provided for […]
Minister of Finance appoints new GEPF Board
Monday, 4 July 2022. Pretoria – Minister of Finance Enoch Godongwana today convened the first sitting of the new Government Employees Pension Fund (GEPF) Board of Trustees. The new Board is led by Mr Dondo Mogajane as Chairperson and Mr Eddie Kekana as Deputy Chairperson. The Board of Trustees comprises of 16 members, 8 from the […]
The Government Employees Pension Fund Pensioners Will Receive A 5.5% Annual Pension Increase As Of 1 April 2022
PRETORIA, 07 MARCH 2022 The Government Employees Pension Fund (GEPF) announced that an annual pension increase of 5.5% will be granted to its pensioners as at 1 April 2022. This pension increase is based on the 5.5% inflation rate for the 12 months ending 30 November 2021 thus making the increase equal to 100% of […]
GEPF investment portfolio registers a 27.5% growth and a market value of R2.09 trillion
09 November 2021, Pretoria The Government Employees Pension Fund (GEPF) is pleased to announce its financial results for the year ended 31 March 2021. Key Performance Indicators: Despite the turbulent and unpredictable market conditions during the financial year, the GEPF recorded a market value of R2.09 trillion at the close of its financial year on […]
GEPF welcomes the appointment of the new PIC Board
05 November 2021 The Government Employees Pension Fund welcomes the appointment of the new Public Investment Corporation (PIC) Board announced by Cabinet. The GEPF chairperson, Dr Renosi Mokate, on behalf of the GEPF Board of Trustees and its Executive Committee congratulates the new Board on their appointment. The GEPF wishes to thank the outgoing Board […]
Hostage incident at GEPF eThekwini Regional Office
Date: 10 June 2021 Pretoria – Government Employees Pension Fund (GEPF) is aware of reports of a hostage incident at its eThekwini regional office. We have been informed that an aggrieved GEPF client held officials of the Government Pension Administration Agency (GPAA) hostage at the office. The GEPF has been informed that there was no […]
