National Fund for Municipal Workers

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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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COVID-19: Let us all be responsible together

The COVID-19 pandemic has impacted all aspects of our lives and we wish to express our heartfelt condolences to everyone who has lost loved ones during these trying times. We believe we are better when we work together.

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NFMW Default life stage model: New approach to portfolio switching effective from 1 March 2021

The NFMW applies a life stage model which automatically takes members through different investment portfolios i.e. aggressive to more conservative portfolios as they near retirement age.

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Happy Holidays! From all of us at the NFMW

This is our final edition for 2020 and I would like to take this opportunity to wish you and your loved ones a wonderful holiday season. Thank you for your continued support and please stay safe!

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NFMW ANNUAL REPORT - 1 July 2019 to 30 June 2020

2020 was a challenging year for all of us, nevertheless the NFMW had many accomplishments and we are excited to provide you with the 2019/2020 Annual Report and key highlights video.

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2020 Trustee elections - The results are in!

As you are aware, the National Fund for Municipal Workers conducted trustee elections to fill seven vacancies on the Board of Trustees.

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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.

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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.

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NON-PAYMENT OF CONTRIBUTIONS BY AN EMPLOYER

The Financial Services Tribunal rules in favour of the National Fund for Municipal Workers (NFMW)

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