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2017-12-1513.480218.102615.8885

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Your Fund, Your Saving, Your Future

LATEST NJMPF NEWS

THE NJMPF HAS YET AGAIN BEEN SUCCESSFUL AGAINST THE MEPF.
The Constitutional Court upheld the provincial legislation that all municipal employees within KZN must be members of the NJMPF……Read More

NJMPF MEMBER NEWSLETTER
Your quarterly news update – September 2017
The NJMPF continues to leave its footprint on the international arena. In this quarter alone, the Fund received 6 international and 1 domestic awards……Read More

NJMPF PENSIONER NEWSLETTER
Your quarterly news update – September 2017
Welcome to the Spring issue of the Pensioner newsletter for 2017….Read More

CIRCULAR FROM SALGBC REGARDING RESTRUCTURING OF MUNICIPAL RETIREMENT FUNDS

The Trustees of the Natal Joint Municipal Funds (NJMPF) have received a circular dated 21 April 2017 from the South African Local Government Bargaining Council (SALGBC)…Read More

NJMPF FEATURED IN THE CFI 2017 MAGAZINE

What drives the NJMPF forward, how do they create further momentum…Read More

THE EUROPEAN MAGAZINE 2017

Leading the retirement industry through innovation. Through a system of educating its members and embracing new technology, the NJMPF has found itself out in front among pension fund providers in South Africa…Read More


 

LATEST NJMPF ARTICLES

15/08/2017- Update on the South African Economy

Moody’s Investor Services did not publish a ratings review of South Africa on Friday as was widely anticipated.  Moody’s has South Africa’s long-term foreign and local currency debt ratings at Baa3, with a negative outlook. It is the only ratings agency that has South Africa’s foreign-currency and rand-denominated debt at investment grade….Link to Article

02/08/2017 – Update on the South African Economy

The South African Reserve Bank governor Lesetja Kganyago warned on Tuesday that the country’s economic recession could deepen unless there was policy certainty on mining and agriculture, the two sectors that contributed to growth in the first quarter……Read More

02/08/2017 – Update on the South African Economy

The Rand continues to weaken against all major currencies after a warning by Moody’s this week about political interference in the country’s economic policy, reignited fears regarding credit ratings downgrades.

 UPDATE ON THE SOUTH AFRICAN ECONOMY

Early this week, the South African Reserve Bank (SARB) leading business cycle indicator remained unchanged, at 95.8 pts for May compared to April. Six of the ten components decreased, while the remainder increased. The largest negative contribution came from lower business confidence, and the largest positive contribution came from an increase in the number of residential building plans passed.

 


  

 

Your Funds

The Fund administrates 3 Funds namely; the Superannuation and Retirement Fund which are Defined Benefit Funds, and the Provident Fund
which is a Defined Contribution Fund.