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.

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 news update

NFMW Latest news update

The Minister of Finance, Enoch Godongwana, delivered the 2024 Budget speech on 21 February 2024 where he announced that the much anticipated two-pot system is on track for implementation on 1 September 2024.

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Season's greetings from all of us at the NFMW

This is the last edition of the newsletter for 2023, before we close our offices for the festive period. We would like to thank you for your continued support and wish you and your loved ones a joyous and blessed festive season and a prosperous new year.

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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.

Latest Videos

NFMW Year in Review (2022|2023) - Our key highlights

Risk cover changes and improved benefits 1 July 2023

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