Funeral Benefit Increase Effective 1 October 2025

Dear Member/Pensioner

We are delighted to share some great news with you! As a result of the Fund’s continued growth and strong financial performance- with assets under management now over R31.2 billion, we are pleased to announce that the Board of Trustees have approved an increase in funeral benefits, effective 1 October 2025.

From this date, the funeral benefit for members and pensioners will increase from R40 000 to R50 000. The spouse benefit will also increase from R40 000 to R50 000, and similarly the widow(er) benefit will increase from R40 000 to R50 000.

These enhancements reflect the Fund’s ongoing commitment to improving member benefits as we grow together. We are proud to share this positive development with you and your loved ones.

We are currently updating all benefit statements to reflect these exciting changes. As a result, there will be a short delay in the distribution of statements.