About Us
Vision
To positively impact the lives of our members, their families and their communities, today and tomorrow.
Mission
To be a trusted custodian who grows members' investments and keeps members informed along the way to secure retirement.
Values
- Excellence
- Professionalism
- Integrity
- Benevolence
- Responsibility
Vision
To positively impact the lives of our members, their families and their communities, today and tomorrow.
Mission
To be a trusted custodian who grows members' investments and keeps members informed along the way to secure retirement.
Values
- Excellence
- Professionalism
- Integrity
- Benevolence
- Responsibility
The National Fund for Municipal Workers (NFMW) is the largest fund in Local Government, managing over R31 billion in assets and serving more than 59,000 members and councillors employed at municipalities across South Africa, it is clear that WE ARE THE FUND OF CHOICE!
Our members are at the centre of what we do, our decisions, our behaviours and the strategies that we employ in the management of the fund.
We pride ourselves in providing excellent service and the administration cost is of the lowest in the industry, this translates to less of our members’ contributions towards cost and more towards retirement savings.
Our excellent long-term investment performance track record puts it on par with the best global balanced managed portfolios in South Africa and ahead of its peers in Local Government.
Our Core Services and Value Propositions
| Service | Description |
|---|---|
| Regulatory Compliance and Governance | Ensuring adherence to all legislative and governance requirements. |
| Comprehensive Retirement Savings Solutions | Structured plans to help members save for a secure retirement. |
| Benefit Payments | Efficient processing of withdrawals, retirements, disability claims, death and funeral benefits. |
| Death Benefit Investigations | Thorough and timely investigations to ensure fair distribution of death benefits. |
| Contribution Reconciliation | Accurate tracking and reconciliation of employer and member contributions. |
| Investment Management | Professional oversight of fund investments to optimise long-term growth. |
| Annuity Options at Retirement | Access to both in-fund and outsourced annuity options for retirees. |
| Risk and Supplementary Benefits | Additional coverage for disability, funeral, and other risk-related needs. |
| Pension Administration and Record-Keeping | Reliable and efficient management of member data and pension records. |
| Member and Employer Support Services | Ongoing assistance to ensure smooth fund participation and understanding. |
| Pension-Backed Housing Loans | Enabling access to affordable home financing by providing surety through retirement savings. |
| Retirement Benefit Counselling and Financial Advice | Personalised guidance to support informed retirement decisions. |
| Socio-Psychological Wellness Support | Holistic services to enhance members’ mental and emotional wellbeing. |
| Integrated Communication Channels | Multi-platform communication including digital, print, and face-to-face engagement. |
| HR Training and Member Education | Tailored training and educational initiatives to empower stakeholders. |
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