National Fund for Municipal Workers

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.

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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 news update

NFMW Latest news update

Members are reminded of the following changes that came into effect on 1 March 2021. Retirement benefits from provident funds are now treated in the same way as pension funds.

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Retirement Reform: What you need to know

The fund has previously communicated on the retirement reform changes that will come into effect on 1 March 2021. These changes were initially meant to be implemented on 1 March 2015 but were postponed to 1 March 2021 to get an agreement between all stakeholders, including stakeholders at NEDLAC level.

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Need to update your contact information?

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Need to update your contact information?

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

Latest Videos

Retirement reform changes - What you need to know

Key highlights 1 July 2019 to 30 June 2020

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