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Pensioner Newsletter

NJMPF PENSIONER NEWSLETTER

Your quarterly news update April – 2021

 

Message from the CEO / Principal Officer Bongi Mkhize

Welcome to the first quarter pensioner newsletter.


The NJMPF started the year 2021 on a high note, maintaining the momentum for being the most awarded retirement fund. In the first quarter of 2021, the Fund received a total of 6 accolades from three different international awards programs, namely; Global Banking & Finance Awards, the International Finance Magazine Awards and the European Global Banking Awards in the following categories: –


Global Banking & Finance Awards
• Best Corporate Governance Company South Africa 2021
• Best Pension Fund Provider South Africa 2021
• Fund Administration Company of the Year South Africa 2021


International Finance Awards
• Most Innovative Pension Fund – South Africa 2021


The European
• Best Managed Retirement Fund South Africa – 2021
• Best Pension of the Year – 2021

STAYING CONNECTED WHILE SOCIAL DISTANCING

In line with the Disaster Management Act Regulations set for the Covid-19 lockdown restrictions and in efforts to explore the communication possibilities brought about by the fourth industrial revolution, the NJMPF successfully held the first virtual Annual Information meeting on Friday 12 March 2021. We would like to thank all members, pensioners and councillors who live streamed and interacted during this meeting. The meeting would not have been a success that it was, if it wasn’t for you. A full video recording of the 2021 Annual Information Meeting will be available until the end of May 2021, members that couldn’t attend the live meeting, can view the recorded meeting by clicking this link: https://bit.ly/3loMyoM. More than just an information sharing session, attendees of this meeting stood a chance to win clicks gift vouchers by participating and responding to different competition questions on the day.

Here is a list of the lucky members that submitted correct answers and received their prices;


1. Buthelezi Sigidi

2. Beaver Trecarrel
3. Naraindasss Sheerena

4. Dlamini Thokozani
5. Botha Claudia

6. Mbuthuma Simo
7. Fakude Prince

8. Reddy Nareena
9. Smith Maryke Villet

10. Roux Tracey
11. Mlotshwa Zamaswazi

12. Maharaj Deon
13. Sishi Thandi

14. Furgasin Mavis
15. Philani Luwaca

EDEXCITING DEVELOPMENTS

 

Even though the lockdown has put a damper on so many things, we have a very exciting development which is “Adopt-A-Spot” in each municipality for a vegetable garden. Look out for further information about this exciting project in our communication platforms.

INTRODUCING A NEW SYSTEM TO CONFIRM THE LIVING STATUS OF OUR PENSIONERS

In efforts to curb the spread of coronavirus and protect those who are most venerable.
The NJMPF is pleased to announce that Board of Trustees has approved an electronic system that leverages technology and information from the Department of Home Affairs, to confirm the living status of our pensioners.


As of the 1st of January 2021, pensioners who are registered South African citizens and reside in South Africa, will no longer be required to complete and commission the annual Declaration of Existence form. Pensioners will continue receiving their pension without having to leave their homes to submit the annual Declaration form as it was previously required.


Important note:
Due to international information sharing constraints, we regret to inform pensioners who do not reside in South Africa, that they will still be required to complete and submit their annual Declaration of Existence Forms since the Fund can not verify their alive status with the South African Department of Home Affairs.
The processes for these pensioners will remain as follows; –


1. In the month of your birthday, please complete your declaration form to its entirety and ensure that all your details are correct and up to date.


2. Have the declaration form signed and stamped by a Commissioner of Oaths. A Commissioner of Oaths is a registered person, it can be a magistrate, postmaster, bank manager or a lawyer; the most convenient will be your nearest police station.


3. Attach a recently certified ID copy (not older than 3 months).


4. Post the documents back to the Fund (and email copies to info@njmpf.co.za).

NB: If your pension is currently suspended please enquire with the Fund for assistance with reinstating your pension

CHILD’S PENSION

 

Reminder for children receiving a pension from the NJMPF:
When children reach legal age (18 years), their monthly pension payment ceases and is only reinstated on condition they are studying full time. The pension payment can only be reinstated once the Fund receives proof that the child is registered full time students in a registered educational institution.


The Fund requires the following documents to prove that the child is registered:
• Poof of full-time studies on the letterhead from the educational institution.
• A recently certified ID copy (not older than 3 months)
• Have the declaration signed and stamped by a Commissioner of Oaths.


Qualifying children continue receive their monthly pension payment until they turn 26 years old, provided that all supporting documents are in order and submitted annually.


Children living with disabilities: Pension payment to children living with disabilities is at the discretion of the Board of Trustees and once approved by the Board, this pension will be payable for life.