Why This Fund?
The National Fund for Municipal Workers is managed by a Board of Trustees consisting of 14 member representatives and 1 employer
representative. The Fund is administrated by Retirement Fund Solutions with two front offices to assist members with queries and problems. Our vision, Benchmark of Excellence, indicates that we
endeavour to provide a correct and personalised service to each member of this Fund.
|
 |
Retirement Fund
The Retirement Fund is a National Defined Contribution Fund, which is administrated by Retirement Fund Solutions PTY (Ltd). You may choose to receive between 0 and 100% of your pension capital as a lump sum benefit. The portion of your pension capital, which you do not take as a lump sum benefit, may be transformed into a pension of your own choice. |
|
Category A Members (2% Fund)
The 2% Fund is a group scheme and was established by collective bargaining.Membership has therefore been a condition of service at participating Councils since 1987. |
|
Pension Fund
The Pension Fund is a National, Defined Contribution Fund, which is administrated by Retirement Fund Solutions PTY (Ltd). You may choose to receive between 0 and 33% of your pension capital as a lump sum benefit. The portion of pension capital not taken as a lump sum benefit, must be used to purchase pension of your choice. |
|
|
|
