By MEPF

Press Release – Announcement of the Municipal Employees Pension Fund (MEPF) Board of Trustees Election 2025

FOR IMMEDIATE RELEASE
22 January 2025

The Municipal Employees Pension Fund (MEPF) is excited to announce the upcoming Trustee Election scheduled to take place during the General Meeting on 31 March 2025. This election is a vital opportunity for members to ensure their voices are heard and represented in the management of the Fund.

 

 

On 27 November 2024, the Fund, through its administrator- Akani Retirement Fund Administrators, circulated letters to all municipalities notifying them of this important event. Municipal Managers and City Managers have been assigned the responsibility of notifying members within their employment about their rights to nominate an Employees’ Representative and to facilitate the internal elections in accordance with the rules of the Fund.

 

 

As part of this process, several municipalities have already begun their internal voting procedures to select Employees’ Representatives. We urge all members to actively participate in these internal voting processes to choose their preferred representatives.

 

Members’ participation is crucial for the following reasons:

  1. Representation: By voting, members ensure that their interests are represented on the Board of Trustees, which is responsible for overseeing the management of the Fund.
  2. Voice in Decision-Making: Elected representatives will have a direct influence on decisions that affect the Fund and its members, ensuring that your concerns and needs are addressed.
  3. Awareness of Fund Matters: Participating in the nomination and voting process helps members stay informed about the Fund’s operations and any changes that may impact their benefits.
  4. Strengthening the Fund: A diverse and representative Board of Trustees is essential for the effective governance of the Fund, contributing to its stability and growth.
  5. Empowerment: Engaging in the election process empowers members to take an active role in their financial future and the sustainability of their pension benefits.

 

It is important for members to understand that failure to participate in the voting process may result in a lack of representation, ultimately diminishing their ability to influence the future of the MEPF. The rules of MEPF stipulate that the Fund must be managed by a Board of Trustees comprised of members of the Fund, making every member’s participation even more significant.

 

 

Furthermore, we urge employers to create an enabling environment that supports and encourages members to exercise their right to vote for their representatives. By fostering a culture of participation and engagement, employers can play a pivotal role in ensuring that every member’s voice is heard.

 

 

We encourage all MEPF members to engage with their respective municipalities and partake in the nomination and voting processes, as together, they can ensure that their interests are well represented in the governance of the Municipal Employees Pension Fund.

 

 

 

For further inquiries and interviews, please contact: 

Mathawe Matsapola 

Marketing Manager 

072 756 3777

Mathawe@akafin.co.za

 

END.

 

Please Download the attachment to read the official document.

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