Latest News
Latest update: Elections, returns and online access
The Fund applies a life stage model which automatically takes members through different investment portfolios i.e. aggressive to more conservative portfolios as they approach retirement age. Members have the option to select any or a combination of the individual investment portfolios available, should they choose not to be invested in the fund’s default life stage model.
NFMW Latest News update
As we have been communicating, the National Fund for Municipal Workers (NFMW) is in the process of electing seven members of the Board of Trustees for the next term of office commencing on 1 November 2020. The first phase of the election process is complete and valid nomination forms were received in all the provinces. It is now time for the members in the provinces where voting is required, to cast their vote.
NON-PAYMENT OF CONTRIBUTIONS BY AN EMPLOYER
The Financial Services Tribunal rules in favour of the National Fund for Municipal Workers (NFMW)