Empowering Your Future
Building Financial Security
Your Trusted Retirement Partner
A Legacy of Financial Strength
Member circular – 21/11/2024
NDOU ATTORNEY’S UNLAWFUL ACTIONS
Two-Pot payments to date
The Fund continues to work around the clock to process Two-Pot claims.
Empowering Your Future
Secure your retirement with personalized plans designed for local authority employees.
Building Financial Security
We offer comprehensive retirement benefits tailored to support your financial well-being.
Your Trusted Retirement Partner
Providing peace of mind with reliable retirement solutions for the public service sector.
A Legacy of Financial Strength
Ensuring long-term financial stability for employees of local authorities, today and tomorrow.
Established on 1st July 1970
The Municipal Employees Pension Fund was established on 1st July 1970. The primary objective of this Fund is to service the retirement needs of the previously disadvantaged employees within local Government
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.