KwaZulu-Natal Municipal Retirement Fund of Choice

The NJMPF Prides itself in providing superior retirement services to municipal employees in KZN, with over a decade of Clean Audits from the Auditor General, more than a hundred local and international awards in areas such as Good Governance, Best Investment practices, Financial Reporting, Financial Literacy and Stakeholder Engagement. The NJMPF truly lives up to its motto of being an Anchor in Uncertain Storms by being able to stand the test of time having clocked 80 years of experience in the retirement funding industry.

It Is Important To Understand Your Retirement Options

Planning for retirement is one of the most critical financial decisions you’ll make.

NJMPF provides members with flexible, cost-effective annuity options to help secure a stable financial future.

Your trust & support continue to inspire us to deliver excellence

The Fund invites all pensioners residing in the uMgungundlovu District to attend the Pensioner Indaba.

Click Here to Download The Invitation Letter

Staying Connected

Weekly the Fund travels to different associated municipalities and conducts presentations to members in efforts to improve members understanding of their Fund, improve member’s financial literacy and prepare members for a comfortable retirement.

Download Roadshow Calender For April

Maintaining the Momentum

What is Two-Pot and What do you need to know?

The proposed two-component system is an important retirement reform aimed at addressing two challenges:
(a) A lack of preservation (pre-retirement leakage) of retirement fund assets; and
(b) Limited access to such assets in cases where members experience financial distress or emergencies.

Click Here to Read more

Delays in Processing Member Exit Payments

by Mbalenhle Ntuli | February 19, 2025 | News | 0 Comments

SARS has extended the turnaround time for issuing tax directives to 21 working days. Download PDF

IMPORTANT NOTICE

by Mbalenhle Ntuli | January 21, 2025 | News | 0 Comments

We urgently request all pensioners and members who bank with Ithala Bank to provide the Fund with new banking details. Download PDF.

Two-Pot Update

by Mbalenhle Ntuli | November 22, 2024 | News | 0 Comments

An update to members that submitted claims on their Two-Pot Savings Component. Download PDF.

Two-Pot Retirement Reform Update

by Mbalenhle Ntuli | October 24, 2024 | News | 0 Comments

As NJMPF continues to navigate the implementation of the two-pot retirement system, we want to provide you with an update on the current challenges and delays in processing claims. We understand how frustrating this may be. Download PDF

NJMPF Member Newsletters

by Mbalenhle Ntuli | April 5, 2024 | NJMPF MEMBER NEWSLETTER | 0 Comments

Mr. Bongi Mkhize MESSAGE FROM THE CEO/PRINCIPAL OFFICER Members of NJMPF, greetings! As the implementation of the two-pot system is in full force, I want to personally assure you that our systems and processes are...

When will members have access to their retirement savings?

by Mbalenhle Ntuli | March 5, 2024 | News | 0 Comments

As it stands, the proposal submitted by the National Treasury recommends that the implementation date be moved from 1 March 2024 to 1 September 2024. The change in implementation date also comes with an increase in the Seeding Capital from R25 000 to R30 000. Download...

Retirement Reform: Early Access to Retirement Savings – Two-Pot System

by Mbalenhle Ntuli | September 6, 2023 | News | 0 Comments

The retirement funding industry has seen a lot of changes in legislation. What’s common in all the changes in legislation, is governments effort to encourage retirement fund members to save sufficiently towards their retirement, preserve their benefits and ultimately,...

NJMPF (SUPERANNUATION) & NJMPF (RETIREMENT) MEMBER AND PENSIONER REPRESENTATIVE TRUSTEE ELECTIONS

by Mbalenhle Ntuli | August 25, 2023 | News | 0 Comments

Your Fund has for years been on a journey to replace the racially discriminatory laws which established the Superannuation Fund and the Retirement Fund, and to update the legal framework relating to any historic discrimination in the regulations of its two Defined...

Financial Highlights

by Mbalenhle Ntuli | April 13, 2023 | News | 0 Comments

Like sands through the our glass, so is investing for your retirement future. Download PDF.

Additional Voluntary Contributions (AVC’s)

by Mbalenhle Ntuli | February 28, 2023 | News | 0 Comments

Considering that normal retirement age for NJMPF members is 65 years, a member that is currently 25 years old can anticipate to receive roughly 480 pay cheques before reaching retirement age. Sadly, majority of South Africans at the of age 25, with a retirement age of...