N F M W | Business Prk 1 Milkplum St, Montana, Pretoria, 0151, Gauteng

The National Fund for Municipal Workers (NFMW) has grown to the largest fund within local government and with a membership base of more than 47 000 (employees and councillors) throughout South Africa, it is clear that we are the fund of choice.We are a defined contribution fund and was established after negotiations at Bargaining Council level between the employer and trade unions and is registered in terms of the Pension Funds Act 24 of 1956.The fund is managed by a Board of Trustees consisting of 12 member representatives and 1 employer representative. This means more than 90% of the Trustees are members of the fund.The NFMWs excellent long-term investment performance track record puts it on par with the best global balanced managed portfolios in South Africa and ahead of its peers in Local Government.We pride ourselves in providing excellent service and the administration cost is of the lowest in the industry, this translates to less of our members' contributions towards cost and more towards retireme