The KwaZulu-Natal Joint Municipal Pension/Provident Funds (NJMPF) continues to embody its motto of being ‘an anchor in uncertain storms’ by safeguarding the financial well-being of KwaZulu-Natal local government employees and strengthening their retirement outcomes. With a proud history spanning more than 83 years, NJMPF has built a solid legacy of excellence in governance, financial stewardship, and innovation.

For over two decades, the Fund has consistently achieved consecutive clean audit reports from the Auditor-General, a testament to its accountability and adherence to world-class governance standards.

Today, NJMPF stands as a multi-billion-rand institution, managing R46 billion in assets and positively shaping the financial security of thousands of municipal employees, pensioners, and their families across the province.

Over the years, the Fund has cemented its position as one of South Africa’s most celebrated pension
funds, earning numerous accolades both locally and internationally. Recognised for excellence in
governance, investment philosophy, financial reporting, and stakeholder education, NJMPF continues to set
benchmarks within the retirement funding industry.

These awards not only affirm the Fund’s leadership but also highlight its unwavering commitment to
transparency, financial literacy, and putting members at the heart of every initiative.

Bringing the Fund Closer to Members
One of NJMPF’s key priorities is ensuring that members have direct and convenient access to the Fund. While weekly member roadshows continue to take place in every municipality, some members previously had to travel to the Fund’s main offices or rely on their employers for access to services, limiting both efficiency and personal engagement.

To address this, NJMPF launched a district satellite office expansion strategy designed to bring services closer to members.

Today, the Fund operates fully functional offices in:
ƒ Zululand District
ƒ uGu District
ƒ aMajuba District
ƒ uThukela District
New offices in uMzinyathi and Harry Gwala Districts are currently underway, with a long-term vision to
establish a presence in all ten municipal districts across the province. These offices significantly improve service delivery, providing members with personal assistance on pension queries, benefit statements, and retirement planning without the burden of long-distance travel.

This initiative reflects NJMPF’s commitment to accessibility, inclusivity, and supporting members with
dignity throughout their retirement journey.

Recent Events & Member Engagement
The year 2025 has marked considerable progress in NJMPF’s commitment to strengthening stakeholder
connections and empowering members through education, engagement, and innovation. Key highlights
include:
Annual Information Meeting (March 2025): CEO Mr Bongi Mkhize and Chairperson of the Board of Trustees,
Mr France Zama, presented the Fund’s performance and shared their vision of a digitally enabled, transparent, and member-focused organisation setting a clear direction for the year ahead.

Pensioner Indabas and Wellness Days: Hosted in uMgungundlovu, uGu, eThekwini, and aMajuba Districts. These events combined health screenings, education sessions, and direct engagement with pensioners. They highlighted NJMPF’s comprehensive approach to member well-being, extending beyond financial security to include health and quality of life.

Contribution Campaign: Aimed primarily at Provident Fund members, this campaign encourages members to review and adjust their contribution rates to strengthen their retirement outcomes. Defined Benefit members are also reminded of the option to buy back service, enabling them to further enhance their retirement benefits.

Partnerships & Education: NJMPF partnered with FSCA, SARS, and Nedbank’s Consumer Education
department to expand financial literacy initiatives, equipping members with the knowledge needed to
understand their rights, maximise their benefits, and make informed retirement planning decisions.

CEO’s Vision for the Future
CEO and Principal Officer Mr Bongi Mkhize envisions NJMPF as more than a pension provider. He aims for
the Fund to be a beacon of financial literacy, digital innovation, and member empowerment across the
province.

“Our role extends beyond managing pensions. We are custodians of financial dignity, and our goal is to
give every member the confidence that their future is secure. By embracing technology, expanding
accessibility through satellite offices, and embedding diversity in leadership, NJMPF is building a fund that is inclusive, transparent, and sustainable.”

Under his leadership, NJMPF continues to evolve as a forward-thinking, member-centric institution
committed to delivering both financial security and holistic support for its members.