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Your Fund, Your Saving, Your Future

LATEST NJMPF NEWS & ARTICLES

NJMPF PENSIONER NEWSLETTER
Your quarterly news update – December 2018
Welcome to the fourth issue of the Pensioner Newsletter for 2018.
The end of the year is near. 2018 has been an interesting year and this is the ideal time to recap. The country has gone through some tough times on the political and economic front in 2018. Everyone is feeling the crunch with fuel price increases and the daily cost of living continually rising...Read More

NJMPF MEMBER NEWSLETTER
Your quarterly news update – December 2018
Welcome to the fourth issue of the Member newsletter for 2018.The end of the year is near. 2018 has been an interesting year and this is the ideal time to recap. The country has gone through some tough times on the political and economic front in 2018. Everyone is feeling the crunch with fuel price increases and the daily cost of living continually rising…..Read more

NOTIFICATION OF ADMININISTRATION FEE INCREASE ON FNB SMART HOUSING PLAN LOANS
FNB Loans wishes to advise the Fund of the Bank’s intention to increase the monthly Administration Fee on housing loan accounts…read more

 

 

FINANCIAL LITERACY

SARS

The South African Revenue Service (SARS) is mandated by the South African Revenue Service Act (1997) to collect all tax revenues that are due, to provide a customs service, to protect national borders and to facilitate trade. SARS also works to expand the pool of tax contributors by promoting awareness of obligation to voluntarily comply with tax and customs laws. SARS aims to conduct its activities in a way that enhances economic growth and social development. SARS reports to the Minister of Finance.

Income Tax Treatment

What constitutes Gross Income as defined. In the case of any resident, the total amount, in cash or otherwise, received by or accrued to OR in the case of a non-resident, the total amount, in cash or otherwise, received by or accrued to from a source with the Republic, during the period of assessment, excluding receipts or accruals of capital nature, but including such amounts,(special inclusions).

Total Assets

R20 Billion+

Current Members

21 000+

Pensioners

9000+

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.