Our History
The Municipal Employees Pension Fund was established on 1 July 1970 in terms of the Pension Fund Act, No 24 of 1956, the Income Tax Act, No 58 of 1962 and other applicable legislation. The primary objective of this Fund is to service the retirement needs of the previously disadvantaged employees within local Government.
To manage the financial contributions by Local Authorities and members in such a way that maximum returns on investments are obtained and to provide members with the best possible benefits.
The Municipal Employees Pension Fund is an autonomous body managed by a Board of Trustees consisting of 10 democratically elected members.
BOARD OF TRUSTEES
| TRUSTEE NAME | CAPACITY |
| Mr. Gift Motsepe | Principal Executive Officer |
| Mr. Peter Modike | Chairperson |
| Mr. Edgar Mageza | Deputy Chairperson |
| Mr. Mandla Ntuli | Independent Trustee |
| Mr. Lebogang Marekwa | Trustee |
| Ms. Jeanette Molefe | Trustee |
| Ms. Selaelo Kgomommu | Trustee |
| Ms. Motshedisi Mothobi | Trustee |
| Mr. Sello Mokganya | Trustee |
| Mr. Onele Lamuni | Trustee |
| Mr. Kwenzekile Cata | Trustee |
Administration of the Fund
The Fund is Administered by: AKANI Retirement Fund Administrators (Pty) Ltd.
