STATEMENT BY PRESIDENT CYRIL RAMAPHOSA ON MEASURES TO COMBAT COVID-19 EPIDEMIC

Fellow South Africans, I am addressing you this evening on a matter of great national importance. The world is facing a medical emergency far graver than what we have experi-enced in over a century.

Report of the Judicial Commission of Inquiry Regarding Allegations of Impropriety at the Public Investment Corporation

The Government Employees Pension Fund (GEPF) has noted the release by President Ramaphosa the report of the Judicial Commission of Inquiry Regarding Allegations of Impropriety at the Public Investment Corporation.

Human Rights Day 2020 Information

Human rights are rights that everyone should have simply because they are human. In 1948, the United Nations defined 30 articles of human rights in the Universal Declaration of Human Rights.

GEPF pensioners will receive a 3.6% annual pension increase as of 1 April 2020

Government Employees Pension Fund (GEPF) announced today that an annual pension increase of 3.6% to its pensioners will effect from 1 April 2020.

Government Employees Pension Fund on Eskom Proposal

7 February 2020, Pretoria – The Government Employees Pension Fund (GEPF), has noted the recent media reports including government support as well as public discourse on the statement issued by the Congress of South African Trade Unions (COSATU) titled, “Key Eskom and Economic Intervention Proposals”.

Government Employees Pension Fund pensioners will receive a 5.2% annual pension increase

Government Employees Pension Fund (GEPF) announced today that an annual pension increase of 5.2% to its pensioners with effect from 1 April 2019. The GEPF has granted this increase to enable pensioners to keep up with rises in inflation.

Board Letter to GEPF Members and Pensioners About the PIC Inquiry

Dear Members / Pensioners As many of you are aware, the Public Investment Corporation Inquiry established by President Mr Cyril Ramaphosa, to probe allegations of impropriety at the Public Investment Corporation (PIC) has begun.

ACTUARIAL INTEREST EXPLAINED

WHAT IS ACTUARIAL INTEREST? The GEPF is a Defined Benefit fund. The Rules of the Fund stipulate that the benefit payable to a member on retirement is based on his or her pensionable salary and years of membership in the Fund. The benefit payable is not related to the contributions