National Fund for Municipal Workers

News

Subscribe via RSS to see when a new article has been published.

National Social Security Fund

From the office of the Principal Executive Officer - It was recently confirmed that Government intends to push forward with the introduction of a National Social Security Fund (NSSF). This centrally managed public fund is aimed at providing pensions, death, disability benefits and unemployment benefits and will operate on a defined-benefit basis.

Read article

September update

NFMW-greetings

We are pleased to report that the respective NFMW investment portfolios are continuing to outperform their investment objectives. The latest portfolio returns are provided in this edition and also uploaded onto the fund website on a monthly basis. Members can register for the interactive facility, which enables them to access information on their current risk cover options, investment portfolios selected and their updated fund credit.

Read article

NFMW wins award!

The NFMW is honoured to have received this prestigious award which confirms our commitment to reach our objectives which are; to always keep our members informed about what is happening in their fund, educate them so they understand the benefits they enjoy as members, guide and provide them with the necessary tools through ongoing personal interaction and equip them to make informed decisions to ultimately retire financially sound.

Read article

August update

Enjoy reading this edition of the monthly mailer, which includes an article on divorce claims submitted to the fund and the latest portfolio investment returns declared.

Read article

July update

The latest newsletter is included in this edition of the news update. A copy of the newsletter will also be posted to all fund members with their benefits statements during the month of August.

Read article

Improved benefits effective 1 July 2017

We are excited to announce that from the 1st of July 2017, NFMW members enjoy improved benefits and have the option to make use of any of the following voluntary products;

Read article

May update

In this edition we focus on the risk cover provided by the fund.

What is risk cover? It is the death and disability cover you elect to have in the fund, to make provision for the unforeseen. It is a re-insured benefit provided by Sanlam and every month the cost of the cover (depending on the risk cover option elected) is deducted from the employer contributions. 

Read article

April update

We already are in the second quarter of 2017 and with all the public holidays behind us for now, it is full speed ahead. This edition of the news update includes an article on the fund's investments, including life stages, member investment choice and portfolio switches.

There is still time to enter our Facebook competition and please remember to complete our survey, your feedback is important to us. 

Enjoy reading and please feel free to contact us if you have any questions or require assistance with fund related matters.

Read article

News update - The impact of SA’s rating downgrade

President Zuma’s decision to remove the Finance Minister and undertake the most comprehensive Cabinet reshuffle since 1994 came as a shock to markets and investors, both locally and abroad, and put paid to speculation that he would temper his actions in the face of heated opposition from all quarters this week.

Read article