National Fund for Municipal Workers

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Category C

This is the main retirement savings category, members contribute between 7.5% to 9% and the employer 18% towards retirement. Members can choose between various risk categories to best suit their individual needs. The benefits in this category include :

Category A

This Category, also known as the 2%-fund, is a supplementary retirement savings vehicle for employees within Local Government, both the member and employer contribute 2%. The benefits in this category include :

Category E

This Category is for members who previously belonged to the National Pension Fund for Municipal Workers or where transfers to NFMW were effected from a pension fund. Category E members need to purchase a pension/annuity with at least two-thirds of their fund credit when they retire.

Why should I become a member?

Read a quick summary on why you should join our fund, what benefits we provide and view the funds short and long-term investment returns

Latest News

Important Update NFMW Latest economic update

NFMW Latest economic update

Much has changed in the first six months of the year with the good returns from markets in 2021 all-but-forgotten as the war in Ukraine rages on and central banks across the globe raise interest rates in an attempt to contain high inflation.

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NFMW moves to self insurance

The Fund embarked on a process to review the current death, disability and funeral benefits and benefit structures offered to members of the NFMW, as part of its efforts to enhance the member value proposition, continuously considering ways to serve its members better, reduce costs and improve benefits.

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Need to update your contact information?

Ensure that you receive your fund communication, updates and benefit statements.

Need to update your contact information?

Ensure that you receive your fund communication, updates and benefit statements.

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Key highlights 1 July 2020 to 30 June 2021

NFMW Investment and switching update

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