The Living Annuity Portfolio within the KwaZulu-Natal Municipal Provident Fund infographic shows the living annuity investment portfolio objectives, asset classes, total asset allocation, investment performance including fees among other things. The infographic adheres to the requirements of the Default Regulations as detailed in the Pension Fund Act. Should you require clarity on how to read.
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The Superannuation Fund was established in 1942 as a defined benefit fund, and provides lump sum and monthly pension benefits to members upon Early Retirement from age 55 to Normal Retirement at age 65, and to spouses and eligible children upon the Death of members, subject to the provisions of the Regulations, calculated on salary and service. Actuarial Valuations; Login to View the 2017.
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