Latest News
NFMW wins awards, Unitisation a Switching webinar and Funeral cover for your extended family members
It gives me great pleasure to announce that the NFMW has won a total of five Institute of Retirement Funds Africa (IRFA) Best Practice Industry Awards for the year 2019/20.
Best in Class - Investment Practices
Best in Class - Governance
Best Practices in Transformation
Best Practices in Financial Management and Reporting
Best Practices in Stakeholder Engagement and Education
2020 NFMW Trustee elections
The National Fund for Municipal Workers (NFMW) is in the process of conducting Trustee elections to fill the following seven vacancies on the Board of Trustees, effective 1 November 2020. Each member has the right to nominate another member to stand for election in his/her own province. Members are invited, but not compelled to nominate only one person. The election process document and nomination form provided below were posted to all fund members.
Five factors that can have a direct impact on a member's retirement savings
There are different factors that can have an impact on the benefits payable to a member on resignation and retirement. It is therefore important that members are made aware of these factors in order to assist them to make informed decisions about their retirement savings to ensure the best possible outcome.