Latest News
09/2011 GEPF cautious observers of the nationalization debate
08/2011 GEPF Acting Principal Officer and Head: Investments and Actuarial, elected unopposed to the UN-based PRI Advisory Council
Replacement of Life certificates with an Auto-Life Verification (ALV) system from 1 October 2011
The Government Employees Pension Fund’s (GEPF) Board of Trustees has endorsed the replacement of the manual issuing of Life Certificates to pensioners residing in South Africa with an automatic update of the life status with effect from 1 October 2011. This is in line with the GEPF’s mission of ensuring timely and efficient delivery of benefits. Read More…
Official Launch of the Code for Responsible Investing in SA
Keynote address at the official launch of the Code for Responsible Investing in SA by John Oliphant, GEPF’s Head of Investments and Actuarial and Acting Principal Officer. Please click Here to download the speech
GEPF on a branding drive
The GEPF has embarked on a branding exercise with the aim of appropriately positioning itself as a leader in the pension fund industry in South Africa and globally.
John Oliphant, Head of Investments and Actuarial and the Acting Principal Officer of the GEPF said, “The branding issue is one of the top priorities of the Board and we request our active members in the employer departments and pensioners alike, to fully participate in the brand research team which started its work last month.
“Over the next few months, our brand research team will contact our members and pensioners with the aim of ascertaining their current experiences of the GEPF brand at the various points of interactions. These could be through customer service centres, call centres, road shows, mail correspondence and other forms of interactions.”
Phenias Tjie, Chief Executive Officer of Government Pensions Administration Agency (GPAA) (which administers pensions on behalf of the GEPF) said, “It is important that those members who will be selected to participate in the brand research interviews do so with all honesty and integrity to make the process as credible as possible. As administrators, it is critically important to us to know how our customers are experiencing our service.”
To participate in the brand research project, please send your name and contact details to: Khaya.buthelezi@gepf.co.za or Nkinki.mutchinya@gepf.co.za
Annual Pension Increase - 2011
The GEPF’s Board of Trustees has approved an increase in civil pensions of 4.5% with effect from 1 April 2011. This increase is equal to 100% of the CPI (the rate of inflation). Over and above this basic increase of 4.5%, however, catch-up increases will be paid to pensioners whose pensions have lost value since their retirement because of the effects of inflation.
For more information, please download the Pension Increase Frequently Asked Questions document below: