National Fund for Municipal Workers

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PRE-Retirement Life Stage Model Investment choices and POST-Retirement Default options

The purpose of this communication is to provide you with sufficient information to take responsibility for your retirement money and to manage your retirement savings in the most appropriate way.

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Budget Speech 2016

Read a summary of Finance Minister Pravin Gordhan’s budget speech, tabled in Parliament on February 24 2016. The National Budget is an important reflection of Government’s decisions on which priorities they will focus on and how they seek to allocate resources systematically and fairly. Get a summary of the budget in PDF format.

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Retirement Reform Proposals

Over the last three years, the National Fund for Municipal Workers (NFMW) has on numerous occasions communicated progress on retirement reform proposals by National Treasury, with specific reference to “T-day” proposals. “T-day” amendments will ensure consistent tax treatment for all retirement fund types.

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