INsight Magazine

Join NAPTOSA


Photo Gallery

IMPORTANT MESSAGE FROM GOVERNMENT EMPLOYEES PENSION FUND (GEPF)

Pension Rumours

GEPF pensioners or members will not loose lump sum in 2015

National Treasury, in a statement issued on 9 July 2014, dispelled the rumours that from 2015 public servants will no longer receive gratuities upon retirement from the public service.

According to the statement, certain pension reforms will be effected on 1 March 2015. These reforms, however, impact on retirement savings pertaining to provident funds. The GEPF is NOT a provident fund, but a pension fund. Members of the GEPF will therefore NOT be affected by these pension reforms. In other words nothing changes for educators as far as pensions are concerned. Gratuities will still be paid to those educators who retire and qualify for such gratuities in terms of the GEPF Rules.

National Treasury also announced that further pension reforms are envisaged, but not for at least another 2 years and only after consultation with, inter alia, trade unions. Whether such future reforms will impact on the pensions of public servants, only time will tell. NAPTOSA will monitor developments in this regard and keep members informed.

pdf Download GEPF Pension letter (2) (135 KB)

Announcements

NAPTOSA MULTIPLY STARTER

By being a member of NAPTOSA you automatically qualify for Multiply Starter at NO ADDITIONAL COST to your monthly NAPTOSA membership fee.

Multiply is a wellness and rewards programme that helps you to understand, track and improve your wellness and Multiply rewards you for participating in activities that promote your financial and physical wellness so that you can live life to the fullest.

[NAPTOSA Multiply Starter ]


Visit NAPTOSA stall @ EDUWEEK 2017


NAPTOSA disillusioned at the appointment of Faith Muthambi

 


NAPTOSA INsight Volume 11 Issue 1, April 2017  now published

 

 


NAPTOSA Ronbel Gap Cover 


Revised PAM 

Download Here 


Advertise in NAPTOSA INsight 2017 editions

Advertising rates INsight 2017