The Government Employees Pension Fund (GEPF) is Africa’s largest pension fund. We have more than 1.2 million active members, in excess of 300 000 pensioners and beneficiaries, and assets worth more than R1 trillion.

GEPF is a defined benefit pension fund that was established in May 1996 when various public sector funds were consolidated. Our core business, which is governed by the Government Employees Pension Law (or GEP Law), as amended,  is to manage and administer pensions and other benefits for government employees in South Africa.

Our job is to give members and pensioners peace of mind about their financial security after retirement. We do this by making sure that all funds in our safekeeping are responsibly invested and accounted for, and that benefits are paid out efficiently, accurately and on time.

We have a solid track record in protecting our pensioners against inflation and in safeguarding the value of active members’ retirement savings. Every April, GEPF pays pension increases that largely compensate our pensioners for inflation and, where necessary, we pay catch-up increases.