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GEPF at a glance

  

  • Inception: May 1996, when various public sector pension funds were consolidated into the GEPF. 
  • Legal status: The GEPF is a juristic entity governed by the Government Employees Pension Law of 1996, as amended. 
  • Mandate: Managing pensions and related benefits on behalf of all South African government employees.
     
  • Nature of business: A defined benefit pension fund, meaning that all benefits are guaranteed.
     
  • Governance: The Fund’s fiduciary functions are the responsibility of the Board of Trustees with an equal number of employer and member representatives.
     
  • Clients: Approximately 1,2 million active members from more than 325 government departments and some 300 000 pensioners and other beneficiaries.
     
  • Funding level: 100% (based on the approved actuarial valuation conducted as at 31 March 2008).
     
  • Accumulated funds and reserves: R778 billion as per financials as at 31 March 2010. 
     
  • Geographical footprint: The Administration has client Walk-in Centres in all nine provinces of South Africa.
 
Untitled 0  QUICK LINKS
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 Forms
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 3 Forms and Overleafs
 3 Info collection form
 News and events
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 3 News Flash 
 3 Publications
 3 Annual Reports
 3 GEP law

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 3 Fraud Line
 3 Whistle blowing policy
 Useful Links:
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