HOME ABOUT US GOVERNANCE BENEFITS ADMINISTRATION FORMS JOBS NEWS CONTACT PORTAL BENEFITS Retirement On retirement a member will receive a lump sum comprising of: The total sum of the employers contributions with investment growth; The total sum of the employer’s contribution less cost Plus the transfer amount with investment growth Withdrawal On withdrawal a member will receive a lump sum comprising of: The total sum of the employers contributions with investment growth; The total sum of the employer’s contribution less cost Plus the transfer amount with investment growth Death & disability On death and disability a benefit of three times annual salary plus a lump sum comprising of: The total sum of the employers contributions plus with investment growth; The total sum of the employer’s contribution plus investment growth less costs Plus the transfer amount with investment growth will be paid Funeral Cost effective funeral cover and assistance underwritten by SAFRICAN Insurance Company. Funeral policy 2017 communication. The current funeral benefit schedule can be found here. Bursary The Municipal Workers Retirement Fund has set up a bursary scheme for members’ dependants. The bursary scheme is applicable to tertiary education and is only awarded to students who have achieved outstanding matriculation results. The Fund sponsors five new students and the existing students per year. The closing date to apply for the bursary scheme is 31 October yearly. Home Loans Members must apply at the First National Bank (FNB) for which the Fund will provide a guarantee. This loans will be granted and payable on condition set up by the conditional consent. Members should contact their Human Resources for further information on home loans. © 2016 Look at That Productions

HOME ABOUT US GOVERNANCE BENEFITS ADMINISTRATION FORMS JOBS NEWS CONTACT PORTAL ADMINISTRATION FINANCE Benefits as outlined above are administered internally and cover for while death and disability are self-insured. Download the Member Information Booklet 2017. Financial Statements & Valuation Reports Financial statements and validation reports are obtainable on requests and payable at a principal fee at the funds address / at payment of subscribed fee. Investment Investments are managed by Professional Investment Managers whose aim is to provide an above average return over a medium to a long term period. Investment Committee monitors investment performance against fund rule once in three months. Investment Principles Investments generally are based on a long term view, economic growth, job creation and development of underdeveloped areas, avoidance of stocks that produce goods that are harmful to society. © 2016 Look at That Productions

HOME ABOUT US GOVERNANCE BENEFITS ADMINISTRATION FORMS JOBS NEWS CONTACT PORTAL CONTACT US Complete the form to send us a message [contact-form-7 id=”2028″] Find our offices here 24 Napier Road, Richmond, Johannesburg, 2092 +27 11 727 2800 enquiries@mwrfund.org.za © 2016 Look at That Productions