The List of all Pension Funds in South Africa 2023: Nearly every sector of the economy in South Africa, including large companies, trade associations, and professional organizations, maintains a pension fund to safeguard the financial futures of its employees.
This is a positive sign because it indicates that the people who work in the country are well taken care of or have learned how to care for themselves, either of which are excellent outcomes. So, I listed pension funds in South Africa.
On the other hand, pension funds are not to be confused with pension fund administrators, also known as PFAs, who only handle the money and provide other services that are connected to it.
PFAs are types of financial entities that place a major emphasis on the generation of profits for its shareholders.
They are not the same as the Pension Funds themselves, which are established by the employees in order to defend their interests, and they should not be confused with the Pension Funds.
When you are trying to find a job, it is a good idea to make sure that the company you want to work for has a pension fund for its employees.
This is often a positive indicator since it demonstrates that the firm cares about its employees and wants to provide for them in the future. It demonstrates that the organization provides a good working environment for its employees.
List of all Pension Funds in South Africa 2023
The Motor Industry Retirement Funds
The Auto Workers Provident Fund is a retirement and provision fund meant to generate and grow wealth for workers in South Africa’s automobile manufacturing industry.
These workers include those employed in the several vehicle assembly factories located around the country.
It is the intention of this organization to, not only give annuity and lump sum payments to its members when they reach retirement age, but also to provide similar benefits in the event that any of its members pass away or suffer a permanent injury.
This Auto Workers Provident Fund is one of the largest and most rapidly expanding local government funds in South Africa.
It now has over 206,016 contributing members and has one of the highest membership growth rates.
Official Address: 275 Kent Ave, Ferndale, Randburg, 2125, South Africa.
Phone Contact: +27 11 561 9300
Official Website: https://mirf.co.za › FUNDS
Cape Municipal Pension Fund
The Cape Municipal Pension Fund is a fund that was established to assist workers who are employed by the Cape Municipal in accumulating and growing their wealth in preparation for retirement.
A wide range of assets may be used to compute potential gains in capital with the help of the Fund.
Official Address: Floor 18 Standard Bank Ctr, Heerengracht, Foreshore, Cape Town, 8001, South Africa
Phone Contact: +27 21 418 4140
Official Website: https://www.capefund.com
Email contact: [email protected]
Durban Pension Fund Details
The Durban Pension Fund is a pension plan with a defined benefit structure. This signifies a merger of the Durban Municipal Pension Fund and the Durban Corporation Superannuation Fund, which were formerly separate entities.
Alexander Forbes Administration Services is in charge of managing the fund, and its assets are spread among private equity, real estate, infrastructure, and natural resource investments.
Official Address: Florence Mkhize Building, 251 Anton Lembede (Smith) Street, Durban, 4001, South Africa.
Fund Administered by: Alexander Forbes Administration Services. 10 Torsvale Cresent. Torsvale Park. La Lucia.
Phone Contact: 031 573 8000
Email Address: [email protected]
Visit the city of Durban’s official website at http://www.durban.gov.za.
Edcon Provident Fund
Workers at Edcon, a retail giant in South Africa that specializes in clothing, footwear, accessories, and sporting goods, are covered by the Edcon Provident Fund, which is a public pension in South Africa.
Edcon is part of the South African government. Edcon is a major organization since it employs around 44,000 people.
Official Address: 1 Edgardale Press Ave, 2092 Johannesburg, South Africa.
Official Website: https://nmg-group.com
Eskom Pension and Provident Fund
Eskom is a South African corporation that was founded in 1923 and is responsible for the generation and distribution of energy.
Therefore, the Retirement/Pension/and Provident Fund that was established for the personnel of the firm is known as the Eskom Pension and Provident Fund. Please take into consideration that Eskom now employs around 46,665 people.
Official Address: 24 Georgian Cres E, Bryanston, Johannesburg, 2021, South Africa.
Phone Contact: +27 11 709 7400
Official Website: https://www.eppf.co.za
Independent Schools Association of Southern Africa Pension Scheme
Southern African Independent Schools Association (Independent Schools Association) Workers in South Africa’s private schools are covered by a public pension in the country known as the Pension Scheme.
This pension is administered by an umbrella organization known as the Independent Schools Association of Southern Africa (ISASA).
This fund serves the needs of educators in around 850 member schools, which are dispersed throughout various regions of South Africa.
Official Address: 16 St David Rd, Houghton Estate, Johannesburg, 2198, South Africa
To reach us by phone, please dial +27 11 648 1331.
Official Website: https://www.isasapensionfund.co.za/
Metal Industries Benefit Funds Administrators (MIBFA)
MIBFA: Public Pension in South Africa, Africa
The Metal Industries Benefit Funds Administrators (MIBFA) is a Public Pension that can be found in Johannesburg, South Africa. Several employees in the metals industries are eligible for assistance from the Fund.
Official Address: 42 Anderson St, Marshalltown, Johannesburg, 2107, South Africa
Get in touch with us at this number: +27 11 870 2000
Official Website: https://www.mibfa.co.za
Mineworkers Provident Fund
Workers in South Africa’s mines who do not have their own funds for retirement, pension, or provident savings are covered by the Mineworkers Provident Fund, which serves as a retirement, pension, and provident savings fund.
Using the following information, you will be able to obtain further details on the fund:
Official Address: Office No. 2, S’buys Business Park, Kaolin St, Carletonville, 2499, South Africa
You may reach us at this number: +27 10 100 3190
Official Website: https://www.mwpf.co.za
KwaZulu-Natal Joint Municipal Pension/Provident Funds
Workers at the Kwazulu Natal Municipal Authority contribute to the KwaZulu-Natal Joint Municipal Pension/Provident Funds, which is a pension and provident fund, respectively.
Official Address: 1 University Road 5 Derby Downs Office Park, Westville, Durban, 3630, South Africa
Get in touch with us at this number: +27 86 106 5673
Official Website: http://www.njmpf.co.za
SABC Pension Fund: Public Pension in South Africa
Workers at the South African Broadcasting Corporation are covered by a public pension through their participation in the SABC Pension Fund.
The assets of this Pension Fund are more than 956,734,000 dollars. You may get in touch with them using the following information:
Official Address: Pension Fund House, 77 Twickenham Ave, Auckland Park, Johannesburg, 2092, South Africa
To reach us by phone, please dial +27 11 482 1383.
South African Local Authorities Pension Fund
Workers who are employed by South African local governments are eligible to contribute to the South African Local Authorities Pension Fund, which is a retirement fund.
You may get in touch with them using the following information:
Official Address: 12 Fredman drive, SALA House, 1st Floor, Sandton, South Africa.
Postal Address: Postnet Suite 512, Private Bag x9, Benmore 2010.
Telephone Number for Inquiries: 011 282 3000
Telephone Number with No Connection Fee: 0800 725273
Fax Machine Number: 011 282 3099.
Official Website: http://salapensionfund.co.za/
South African Municipal Workers Union Provident Fund
Workers who are employed by municipal governments are eligible to participate in this retirement and provident fund. More than 52,000 persons are eligible to get assistance from this fund.
The following is information that may be used to get in touch with the Fund.
Telephone number for inquiries: 012 743 3000
Email Contact: [email protected]
Section 1, Business Park @ Zambezi, 860 Milkplum Street, Protea Glen, Soweto, 1819, South Africa.
Official Website: https://nationalfund.co.za/
Transnet Pension Fund
The Transnet Pension Fund is the pension fund for the large rail and pipeline corporation known as Transnet, which employs more than 55,000 people.
Please visit the following link for further details on this Fund: https://www.gov.za/documents/transnet-pension-fund-act-pension-fund-rules
Official Website: https://pmg.org.za
Tshwane Municipal Provident Fund
Workers in the Tshwane Municipal Government are eligible to contribute to the Tshwane Municipal Provident Fund (TMPF), which serves as a retirement or contingency fund.
You are welcome to get in touch with them using the following details:
Official Address: Block G 333, Grosvenor Street, Hatfield, Pretoria, South Africa.
Official Website: http://www.tshwaneprov.co.za
The University of Cape Town Retirement Fund
The University of Cape Town staff members contribute to this fund, which serves as their pension plan.
You are welcome to get in touch with the Fund using the following details:
Official Address: 3rd Floor Sunclare Building, 21 Dreyer St, Claremont, Cape Town, 7700, South Africa
To reach us by phone, please dial +27 21 650 2934.
Official Website: https://uctrf.co.za
Conclusion: Pension Funds in South Africa
This page has been updated to reflect recent developments in the sector; as you may have seen, there has been a flurry of mergers and acquisitions, which have resulted in some name changes in the Pension Funds.
The information contained in this article represents these developments.
Despite this, the pension funds in South Africa continue to fulfill their responsibilities by creating wealth for their customers and members, as well as expanding their value.
List of all Pension Funds in South Africa 2023 – Newshub360.net
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