News
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NFMW Latest news update
Published on 18 May, 2021
We wish to congratulate our Principal Executive Officer, Mr Leslie Ndawana, who was elected to serve on the Batseta Board of Directors. Batseta is a non-profit organisation that serves the interests of principal officers, trustees and fund fiduciaries within the retirement industry.
Retirement fund rationalisation & Freedom of Association (FOA)
Published on 4 March, 2021
The NFMW has previously communicated on the proposed rationalisation/restructuring of Local Government retirement funds which will allow members to move to the fund of their choice and take up membership at that fund.
NFMW Latest news update
Published on 4 March, 2021
Members are reminded of the following changes that came into effect on 1 March 2021. Retirement benefits from provident funds are now treated in the same way as pension funds.
Retirement Reform: What you need to know
Published on 5 February, 2021
The fund has previously communicated on the retirement reform changes that will come into effect on 1 March 2021. These changes were initially meant to be implemented on 1 March 2015 but were postponed to 1 March 2021 to get an agreement between all stakeholders, including stakeholders at NEDLAC level.
COVID-19: Let us all be responsible together
Published on 27 January, 2021
The COVID-19 pandemic has impacted all aspects of our lives and we wish to express our heartfelt condolences to everyone who has lost loved ones during these trying times. We believe we are better when we work together.
NFMW Default life stage model: New approach to portfolio switching effective from 1 March 2021
Published on 25 January, 2021
The NFMW applies a life stage model which automatically takes members through different investment portfolios i.e. aggressive to more conservative portfolios as they near retirement age.
Happy Holidays! From all of us at the NFMW
Published on 18 December, 2020
This is our final edition for 2020 and I would like to take this opportunity to wish you and your loved ones a wonderful holiday season. Thank you for your continued support and please stay safe!
NFMW ANNUAL REPORT - 1 July 2019 to 30 June 2020
Published on 30 November, 2020
2020 was a challenging year for all of us, nevertheless the NFMW had many accomplishments and we are excited to provide you with the 2019/2020 Annual Report and key highlights video.
2020 Trustee elections - The results are in!
Published on 28 October, 2020
As you are aware, the National Fund for Municipal Workers conducted trustee elections to fill seven vacancies on the Board of Trustees.
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