As a financial journalist I am increasingly concerned about misinformation provided to members of the Government Employees’ Pension Fund (GEPF) by unscrupulous financial advisers. A recent example is a reader who was told by an adviser that on...
GEPF benefits are guaranteed
I recently attended a briefing by Abel Sithole, the Principle Executive Officer of the Government Employees’ Pension Fund (GEPF), on the state of the fund's finances. What occurred to me during the discussion was how much better off GEPF pensioners...
Public servants can retire early – with conditions
In his budget address on 20 February 2019, Finance Minister Tito Mboweni announced an early retirement scheme for public servants whereby members of the Government Employees Pension Fund could take early retirement from the fund without penalties....
GEPF changes benefits for children and divorcees
Children of GEPF members are the biggest winners in the improvement to benefits. One of the more frequent questions we receive from members of the Government Employee Pension Fund (GEPF) relates to the treatment of their pension fund on divorce....
Why GEPF members are cashing in
If you are a government employee, you need to be wary of advisers who recommend that you resign in order to access your pension before retirement. Many commentators have attributed the spate of government employee resignations, just before...
Government Employees Pension Fund adopts clean-break principle
Six years after the clean-break principle was introduced into legislation in 2009, the Government Employees Pension Fund (GEPF) has introduced the principle allowing the non-member spouses of pension-fund members to access their share of pension...
