About Us

Our Mission

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

1. Manage financial contributions and assets with the purpose of maximising returns.
2. Create and protect wealth for members.
3. Render prompt and excellent service.

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Values

Our members are our most valued asset and are treated with:

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Board of Fund

Board Members

Mr Roja Ramare: Chairperson                   

Mr Lifa Majola: Vice-chairperson

Mr Johan Grobbelaar                             

Mr Levi Moleme                                        

Mr Jannie Venter                                                     

Mr Sphiwe Khumalo                                                                                                          

Mr JJ Mahlangu

Ms Idah Mkansi

Ms Rampuru Setati

Mr Aubrey Mayaba

Cllr Mfichana Shingange      

Principal Officer

Ms C Seierlein (Chief Executive Officer)

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Membership

The MGF is a dynamic Defined Contribution Fund with an asset value of about R35 billion and about 30 000 members employed by municipalities of Mpumalanga, Gauteng, North West and Limpopo Provinces.

• Employees older than 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/her choice and leave the MGF. However, after such period the member can only leave the MGF upon termination of service with the municipality.

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Governance

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 board members to serve on the Board of the Fund. The Board is the governing body of the Fund in accordance with the Pension Funds Act and the Rules of the Fund.

The Board is constituted as follows:

The Fund is registered in terms of the Pension Funds 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.