Statement on developments at the Public Investment Corporation (PIC)
Media StatementDate: 24 July 2026PRETORIA The GEPF has noted the media reports about developments at the PIC in relation to the resignation of directors of the board, including the Chairperson. The PIC is a state-owned asset manager that invests assets on behalf of the Government Employees Pension Fund (GEPF), amongst other clients. The Fund has […]
GEPF and GIBS convene national dialogue on the future of retirement security and howpension capital drives inclusive growth
Johannesburg, 21 July 2026 As the Government Employees Pension Fund (GEPF) marks 30 years of safeguarding the retirement savings of South African public servants, it is using this milestone to help lead an important national conversation about retirement security and inclusive economic growth. In partnership with the Gordon Institute of Business Science (GIBS), the GEPF […]
CLARIFICATION ABOUT MEDIA REPORTS INDICATING A R200 BILLION RANDDECLINE IN GEPF’S MARKET VALUE AS A RESULT OF THE ISRAEL-USAIRAN CONFLICT
Date: 06 July 2026 – Pretoria There have been several articles in the media that have reported that the market value of the GEPF has declined by R200 billion as a result of the Israel-USA-Iran conflict currently taking place in the middle east region. This statement seeks to provide clarification about these reports for the […]
THE GOVERNMENT EMPLOYEES PENSION FUND PENSIONERS WILL RECEIVE A 3.5% ANNUAL PENSION INCREASE AS OF 1 APRIL 2026.
Date: 12 March 2026 The Government Employees Pension Fund (GEPF) is pleased to announce an annual pension increase of 3.5% to its pensioners effective 1 April 2026. Pensioners who retired on or before 1 April 2025 are to receive an increase of 3.5%. Pensioners who retired after 1 April 2025 are to receive a proportionate […]
The GEPF remains financially strong and resilient, with 13.1% in investment portfolio growth forthe year 2024/2025.
MEDIA RELEASE 18 November 2025, Pretoria The Government Employees Pension Fund (GEPF) is pleased to announce its financial results and administrative highlights for the year ended 31 March 2025. Key Performance Indicators for the financial year: In the 2024/25 financial year, the Government Employees Pension Fund (GEPF) maintained strong performance despite global and domestic challenges. […]
CLARIFICATION ON THE IMPLEMENTATION OF REVISED ACTUARIALINTEREST FACTORS AS AT 1 OCTOBER 2025
MEDIA RELEASEDate: 15 October 2025 The GEPF implemented updated actuarial interest factors with effect from 1 October 2025. The factors are derived from the assumptions adopted in the Fund’s recent statutory actuarial valuation as at 31 March 2024. The implementation of the revised factors follows the completion of a consultative process with employee organisations (labour […]