Welcome to the GEPF Website

Established in 1996 through the consolidation of various funds, including the Government Service Pension Fund, the GEPF is the largest pension fund administrator in Africa with approximately 1 100 000 contributing members, 330 000 pension recipients (excluding members of other funds administered by the GEPF as an agent) and more than R711.15 billion of assets under management. In global terms the GEPF is acknowledged as the 21st largest pension fund in the world. It is a self-administered, defined benefit pension fund committed to effectively and efficiently providing benefits to members, pensioners and beneficiaries.

The Fund is managed by a Board consisting of equal employer and member representation including a pensioner representative, and a member employed by the South African National Defence Force, National Intelligence Agency and the South African Secret Service - each with an appointed substitute.

The GEPF’s core functions include member admissions, contribution collections, members roll maintenance, withdrawals (exits) and benefit payments, and the investment of all the Fund’s assets to match future liabilities. The GEPF administration also administers benefits on behalf of National Treasury, including medical subsidies special pensions, military pensions and other sundry benefits.

The Government-owned PIC manages the investments of the GEPF’s surplus funds, which comprise 92,3% (2006: 92,3%) of the total investments under the administration of the PIC.