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What is an Annuity?
In this context, an annuity is created when you retire. NJMPF provides you with an opportunity to use your lump sum benefit to buy an annuity which provides you with a pension payable monthly (or at other intervals) during your retirement years.
The Fund offers an in-fund living annuity which features very low administration and investment fees.

 

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T-Day is upon us

It has been a year and counting and the world is still grappling with the coronavirus disease.

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In line with the Disaster Management Act Regulations and in efforts to embrace the fourth industrial revolution, the NJMPF will be hosting the Annual Information Meeting (AIM) using a virtual platform.

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Join us on 12 March 2021 Virtual for the very first time for the Annual Information Meeting (AIM).

 

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T-Day is set to come into effect on 1 March 2021.

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The festive season is upon us – even though this is the season to be jolly, we are still at war with the covid-19 virus.

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South Africa has moved into Alert level 1. This is not to say the coronavirus has disappeared – it is still amongst us and we need to remember to protect ourselves and those around us.

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National Wills week is where you have a week to decide which day you will go to any of the participating attorneys and law firms, to have your Will drafted free of charge. Read more.

South Africa has been successful in flattening the curve.

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The KwaZulu-Natal Joint Municipal Pension/Provident Funds (NJMPF) is a leader amongst its industry peers. Over the years, NJMPF has notched up a commendable list of Awards in the industry, both locally and internationally. Engagement and promoting communication and participation with members has always been a key objective for the NJMPF.

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