The primary objective of this Fund is to service the retirement needs of the previously disadvantaged employees within local Government so as to provide the most favourable retirement benefits to employees
This webpage covers certain aspects of general interest and also provides a review of the most important benefits of the fund. This webpage does not replace the official Rules of the Fund. The Rules of the Fund, financial statements and actuarial valuation reports are available on request
Benefits
The Municipal Employees Pension Fund offers a number of benefits to employers and employees. The Fund offers three categories of benefits with Member contribution of 7.5% of the member’s pensionable remuneration and Council contribution of 15% to 22% of member’s pensionable remuneration.
Retirement Benefits
Early retirement, normal retirement, plus 13th Cheque benefits.
Collateral Guarantees
Pension Backed Housing Loan available with maximum repayment period of 20 years.
Resignation Benefit
Lump sum or resignation.
Ill Health Benefit
Benefits for less than 10 years service and more than 10 years service
Death Benefits
Benefits for spouse and/or minor children
Funeral Benefits
Member, spouse and children funeral benefits
Footprint
The Municipal Employees Pension Fund provides services to Local Authorities throughout South Africa, including Municipalities in Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Limpopo, Mpumalanga, Northern Cape and The North West.
