GEPF returns remain well above inflation

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
The more significant figure for members is that, over the past decade, the GEPF has delivered an annualised return of 8.9%. This is a real return (above inflation) of more than 4%. Photo: iStock
The more significant figure for members is that, over the past decade, the GEPF has delivered an annualised return of 8.9%. This is a real return (above inflation) of more than 4%. Photo: iStock

BUSINESS

According to the annual financial results for the year ended March 31 2021, the fund grew by R451 billion. This figure is the net growth of the fund after accounting for members’ contributions of R82 billion and benefit payments of R110.6 billion.

Support independent journalism
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.
Subscribe
Already a subscriber? Sign in

E-Editions

Read the digital editions of City Press here.
Read now
Voting Booth
Were the knee-jerk travel bans imposed on SA following our detection of the Omicron variant necessary?
Please select an option Oops! Something went wrong, please try again later.
Results
We are being punished
49% - 85 votes
Rather safe than sorry
29% - 51 votes
They have every right
22% - 39 votes
Vote