News

Published on 22 February, 2024

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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Published on 20 December, 2023

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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Published on 11 December, 2023

We are excited to bring you the NFMW Integrated report for the period 1 July 2022 to 30 June 2023. The report focuses on the NFMW's impact and how the Fund has continued to contribute towards socio-economic prosperity in various meaningful ways and positively impacting the lives of our members, their families and communities, today and tomorrow.

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Published on 1 November, 2023

National Treasury and SARS provided feedback at the Standing Committee on Finance as part of the parliamentary process following workshops and public consultations about the proposed two-pot system, which will allow for early access to retirement savings and compulsory preservation.

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Published on 20 October, 2023

The election process was conducted from July to October 2023 and members within these two provinces could participate in the elections. The elections were communicated using various communication platforms to ensure that the Fund reached the majority of the fund membership.

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Published on 5 September, 2023

As you are aware, the National Fund for Municipal Workers is engaged in the process of electing members of the Board of Trustees for the next term of office commencing on 1 November 2023.

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Published on 5 September, 2023

As you are aware, the National Fund for Municipal Workers is engaged in the process of electing members of the Board of Trustees for the next term of office commencing on 1 November 2023.

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Published on 3 July, 2023

The Fund is in the process of conducting Trustee elections to fill three vacancies on the Board of Trustees, effective 1 November 2023. There are two vacancies in Gauteng and one in Mpumalanga. NFMW-members employed at participating employers within these provinces may participate in the elections.

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Published on 28 June, 2023

The Fund understands the impact that high costs can have on your savings towards retirement and therefore endeavors to always keep these costs to a minimum. Our commitment to ensuring that our members receive the best value for their money also means that we are constantly looking for ways to improve our overall member value proposition.

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