The Fund is currently testing the interest by members for receiving notifications from the Fund by means of SMS communication.
Members who may have received the following SMS, please note that this is not a scam but a survey done by the Fund.
"If you agree to receive SMS’s @ no cost from Municipal Gratuity Fund (MGF) reply YES to this SMS. Phone 011 450 1224 or visit mymgf.co.za to verify no scam."
Klik asb. op die skakel vir die gebruiksbepalings van hierdie kommunikasie:
The Municipal Gratuity fund (MGF) is committed to providing employees of municipalities with optimum retirement security and superior related benefits.
The business of the MGF is to
- Manage financial contributions and assets with the purpose of maximising returns.
- Create and protect wealth for members.
- Render prompt and excellent service.
Our members are our most valued asset and are treated with:
Board of Trustees
Mr PJ Venter (Employee Representative; Chairperson)
Mr LJ Modiga (Employee Representative; Vice Chairperson)
Mr JDG Venter (Independent)
Mr. J H Grobbelaar (Independent)
Mr EC Alberts (Independent)
Mr R Ramare (Employee Representative)
Mr MD Mogakabe (Employee Representative)
Mr A vd. Berg (Employee Representative)
Mr. N Rudman (Employee Representative)
Cllr. A. Ngubeni (Employer Representative)
Ms. J Spyder (Employee Representative)
Cllr. NHP Ndaba
Mr MJD Jacobsohn (Chief Executive Officer)
The MGF is a dynamic defined contribution fund with an asset value exceeding R22 billion and with more than 30 000 members employed by municipalities of Mpumalanga, Gauteng, North West and Limpopo Provinces.
- Employees older that 16 and younger than 65 years of age employed by a participating municipality may join.
- No proof of medical fitness is required.
- Once a member has joined the MGF there is a 3 month cooling off period, during which such member may reverse his choice and leave the MGF. However, after such a period the member can only leave the MGF upon termination of service with the municipality.
Members at each participating municipality democratically elect member representatives and each municipal council appoints an employer representative. These employer- and member representatives constitute the General Committee of the Fund, which meets annually. At these annual meetings of the General Committee the member- and employer representatives respectively elect members of the Management Committee. The Management Committee is the governing body of the Fund in accordance with the Pension Funds Act and the Rules of the Fund. The Management Committee is constituted as follows:
- 7 Member representatives
- 2 Employer representatives
- 3 Independent persons with special expertise in municipal matters, the pension fund industry or economic- and financial matters, appointed by the other members of the Management Committee.
The fund is registered in terms of the Pension Fund Act, under registration number 12/8/29256/2. The offices of the Fund are situated in Bedfordview with a limited staff component of 6 people. This front office is responsible for strategic communication, assistance to members in special circumstances, trustee services, secretarial services and monitoring of service providers.
A member may lodge a written complaint with the Fund in terms of section 15(3) in terms of the rules of the Fund. The contact person is the Principal Officer of the Fund: MJD Jacobsohn, Tel no. (011) 450-1224, Fax (011) 450-1454. If the member is not satisfied with the outcome of the complaint or has not received the reply within 30 days such member may then lodge a written complaint with the Pension Funds Adjudicator (PFA). The contact details of the PFA are: firstname.lastname@example.org Tel No. (012) 346-1738, Fax No. 086 693 7472. Address: Riverwalk Office Park, 41 Matroosberg Road, Ashlee Gardens, 0081.
The Management Committee of the Fund outsourced the administration of the Fund to Coris Capital, which was later bought out by Sanlam Employee Benefits (SEB), a registered retirement fund administrator. They are responsible for all administrative functions with reference to the receipt and processing of contributions, payment of benefits, housing loans and updating member information.
Members can direct their enquiries regarding administrative matters to SEB (Coris Capital) at telephone (012) 683-3900 or toll-free 0800118334. They can also be visited at Lords Estate, Office Block 6, 276 West Avenue, Centurion.