Mr. Bongi Mkhize

MESSAGE FROM THE CEO/PRINCIPAL OFFICER

Members of NJMPF, greetings!

As we continue our journey through 2025, I would like to thank each one of you for your continued trust in the Fund. Your engagement with your Fund is a vital part of our mission
to empower members and shape brighter financial futures.

I would also like to highlight the importance of trustee governance in our Fund. Trustees play a critical role in ensuring that your retirement contributions are managed with
integrity, transparency, and sound financial oversight. The trustee elections took place from the 9th of October till the 20th of October 2025.

According to the Pension Funds Act, a good trustee must:
– Serve in the best interest of all members
– Uphold confidentiality and ethical standards
– Apply sound judgment and proper governance practices

These values are essential to maintaining the Fund’s strong governance structure and long-standing reputation. Trustees serve for a specific term of office and are responsible for key decisions that directly impact member benefits and Fund performance.

Remain informed and actively engaged in Fund matters

I urge you to stay connected with us through our various education and engagement initiatives:

• Member roadshows,
• New member induction seminars,
• Road to retirement seminars,
• Annual Information Meeting,
• Regular updates on our website (www.njmpf.co.za),
• Use of our satellite offices located in four districts, namely uGu District Municipality, Zululand District Municipality, uThukela District Municipality, and Newcastle Municipality.
Let us continue building a secure and empowered future together.

KNOW YOUR FUND

SAVINGS COMPONENT

You may access your NJMPF savings component to address short-term financial needs.

Key reminders:
The seeding capital from 2024 will not be repeated.
Since September 2024, one-third of your monthly contributions have been allocated to your savings component.
These savings can be withdrawn for emergencies or short-term needs.
Why it matters: The savings component offers flexibility in emergencies without compromising your long-term retirement goals.
A look beyond two-pot: While the two-pot system introduces new ways to access funds, long-term security remains critical.
Provident Fund members: Contribute the highest possible percentage to build a strong retirement base.
Defined Benefit Fund members: Consider the purchase of service option to increase your pensionable
service, a valuable strategy to boost retirement outcomes.
Use this system wisely and reach out to the Fund’s Benefit Counsellor for support.
Stay Engaged: Empower Yourself.

RATIONALISATION PROJECT OVERVIEW

NJMPF is finalising the merger of the Retirement Fund and the Superannuation Fund a project that has been in the works for years. This merger is aimed at eliminating historic inequalities.
This is a long-term project that has been underway for several years.

The Fund is working with legal, actuarial, and administrative experts to ensure fairness and sustainability.
You will not lose any of your existing rights.
If you are unsure which fund you belong to or what the merger means for you, we encourage you to reach out to our Client Services Department or attend one of our upcoming Member Roadshows.
The rationalisation will result in one inclusive fund structure that promotes fairness, equality, and improved fund administration.

To ensure that members understand what this merger means, a series of educational Fund Insights will be released. These will address your concerns and explain the transition in clear and simple terms.
By remaining informed, engaged, and proactive, you empower yourself and contribute to shaping a future that’s secure, stable, and successful.