invested $2.6bn into the first PAIDF fund by March 2015 and pledged up to R4.2bn for the second by 2020.
"Almost 60 per cent of the ZAR 46.1 billion raised in the last two years can be attributed to the GEPF
. In general, we expect to see more activity by pension funds in the next few years.
environmental, social and governance manager Adrian Bertrand said: "Our strategic objective is to be a leader in responsible investing and we recognise that environmental, social and governance issues may have a detrimental impact on our property portfolio.
The National Energy Regulator for South Africa, Thembani Bukula, stoutly defends the prospect of investing GEPF
deposits in infrastructure projects.
Mr Peterson Mbambo from the GEPF
said it was important that government employees joined the fund because it was an investment vehicle in a long run.
In addition, the existence of the GEPF
and the PIC provides an easy and substantial mechanism by which insurance premiums can be invested.
Implementing agency : GEPF
Retirement Benefits Fund
The South African Government Employees Pension Fund's (GEPF
) investment strategy has identified the rest of sub-Saharan Africa as the next frontier for investment growth.
The Government Employees Pension Fund (GEPF
) through its investment manager Public Investment Corporation (PIC) has announced an investment commitment of R10.5 billion into SA Home Loans (SAHL) to facilitate housing financing for qualifying government employees and members of the public.
The Director-General, Mr Mashwahle Diphofa says Every Government department is expected to timeously manage the process that leads to an employee exiting employment and ensuring that the Government Employee Pension Fund (GEPF
) is provided with all the correctly-filled documents.
We would also like to conclude by pointing out that members of all pension funds, including public servants who are members of the Government Employees Pension Fund (GEPF
), are not adversely affected by the new laws and should not risk their jobs by resigning.
He was most recently chairperson of the Government Employees Pension Fund (GEPF
) and a director on the board of the Pan African Infrastructure Development Fund.