THE GEPF WILL HOST AN INFORMATION SHARING SESSION IN BURGERSFORT
Venue: Mosebu Primary School, Ga-Mashamothane, Zone 7, Burgersfort
Date: 13 May 2023
Time: 08h00 – 16h00
Please bring a valid identification document for assistance.
SEE YOU THERE!
Venue: Mosebu Primary School, Ga-Mashamothane, Zone 7, Burgersfort
Date: 13 May 2023
Time: 08h00 – 16h00
Please bring a valid identification document for assistance.
SEE YOU THERE!
The GEPF offices listed below have had to be closed due to disruptions as a result of government employee strike action in the areas around the offices. The affected offices are:
The offices will remain closed until further notice. The GEPF Call Centre, 0800 117 669, and email, enquiries@gepf.co.za can be contacted for assistance.
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% increase is based on the 7.40% inflation rate for the 12 months ending 30 November 2022 thus making the increase equal to 75% of the Consumer Price Index (CPI).
Pensioners who retired on or before 1 April 2022 are to receive an increase of 5.55%. Pensioners who retired after 1 April 2022 are to receive a proportionate increase based on the number of the months they have been in receipt of pension by 31 March 2023.
It is important to note that increases that are more than what is provided by the GEP Law and Rules are at the discretion of the Board and take into consideration the Fund’s investment performance and the financial sustainability of the Fund. The Fund’s returns in the 12 months preceding 30 November 2022 did not allow for a full 100% of CPI increase. Nevertheless, the Fund remains committed to granting increases that are both affordable and sustainable for its long-term viability while providing the benefits promised to its members, now and in the future.
Pension increase letters will be distributed to pensioners through email and post. The letters will also be accessible on the GEPF self-service web or App and pensioners can also visit any GEPF office to receive their letters. The GEPF will begin distribution of the pension increase letters from the 16 March 2023.
For more information, please contact:
Call Centre:0800 117 669
Email: enquiries@gepf.co.za
Twitter: @GEPF_SA
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 GEPF would like to provide some clarification regarding this matter for the benefit of GEPF members and pensioners.
The GEPF is guided by clear and transparent processes in line with the GEP Law and its investment strategy when undertaking investments on behalf of the Fund. Proposals have to be formally presented to the GEPF Board of Trustees, who then consider whether the proposed investments would ensure the sustainability of the Fund and provide reasonable financial returns for the GEPF.
In this regard, no proposal has been presented to the GEPF by any institution with regards to bailing out Eskom. This is therefore not a matter that is currently under consideration by the GEPF and its Board of Trustees. Should such a proposal be presented, the GEPF Board of Trustees will apply its mind in line with its mandate and fiduciary duties to ensure the sustainability of the Fund and accordingly take the most appropriate decision.
Issued by Government Employees Pension Fund
Venue: Ulundi Multipurpose Hall, Corner King Zwelithini and King Mpande Street, Section C, Ulundi, KZN
Date: 01 March 2023
Time: 08h00 – 15h00
Please bring a valid identification document for assistance.
SEE YOU THERE
Venue: Mangosuthu University of Technology, 511 Griffiths Mxenge Highway, Umlazi
Date: 04 March 2023
Time: 08h00 – 16h00
Please bring a valid identification document for assistance.
SEE YOU THERE
Venue: Midrand Conference Centre, 661 Pendulum Road, Halfway House, Ext 12, Midrand
Date: 16 February 2023
Time: 08h00 – 15h00
Please bring a valid identification document for assistance.
SEE YOU THERE
Venue: Tshwane South College TVET College, Atteridgeville Campus, 5 Khoza Street, Atteridgeville
Date: 18 February 2023
Time: 08h00 – 16h00
Please bring a valid identification document for assistance.
SEE YOU THERE
Dear Members
Please note that all GEPF regional offices and the call centre will be closed from 23 December 2022 – 3 January 2023
Note that from 3 January 2023, clients can call the call centre on 0800 117 669 or email enquiries@gepf.co.za
Venue: Alfred Nzo Municipality Office
Ntsizwa Street
EmaXisibeni
Mount Ayliff
Date: 08 December 2022
Time: 08:00 – 15:00
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |