What
We Offer
Welcome to the Mineworkers Provident Fund (MWPF)
The Mineworkers Provident Fund (MWPF) is South Africa’s retirement fund of choice in the mining industry.
The Fund of Choice
Through tailored solutions and member centred product development we have consistently outperformed both our target benchmark as well as a number of well-established balanced portfolios with a similar risk profile.
The Success
Our success can be attributed to our investment approach. The fund offers members a single default portfolio that seeks to deliver a real return of 4.5% above inflation (CPI+4.5%) over any consecutive five-year period at a minimum level of risk.
The future
Our members being at the core of what we do, we will always have the drive and passion to do better. We continue to seek innovative and cost-effective ways of serving our members. We remain focused on creating sustainable returns and benefits.
What
What
We Offer
Housing Loans
We provide Pension-Backed Loans through iMas. With competitive rates and flexible terms, now your dream home is within reach.
Income for Life
Never outlive your income. Our lifetime pension options ensure financial stability for the rest of your life.
Retirement Benefit
For most people retirement is a major event in their lives and while some people may dread the prospect we believe with proper planning your retirement can be an eagerly anticipated event.
Death Benefit
We protect your loved ones with a benefit that offers financial support when they need it most.
Funeral Benefit
Ease the burden of final expenses with a funeral benefit that brings dignity and support in difficult times.
Retirement Benefit Counselling
We offer Retirement Benefit Counselling to members who are about to retire to assist with planning for retirement.
Retrenchment Benefit
Job loss is hard, your financial security shouldn’t be. We provide the support you need to stay afloat while you plan your next step.
Disability Benefit
Life can change in an instant. Our disability benefit provides financial protection to help you adapt, and move forward with dignity.
About the
Mineworkers Provident Fund (MWPF)
The Mineworkers Provident Fund (MWPF) was formed in 1989, with a clearly defined vision and strategic objectives which include being the retirement fund of choice in the mining industry but most importantly providing retirement benefits to the most vulnerable workers of our society – the mineworkers.
Latest News
and Insights
The Two-Pot Retirement System
The Two-Pot Retirement System Understanding the Changes and How They...
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The MWPF is the first African investor in Convergence Partners’...
Learn MoreMembers Self-Service and Toolbox Quick links
WHO CAN JOIN MWPF?
The Fund is open for membership to all workers in the Mining industry whose employers are participating employers in the Mineworkers Provident Fund, workers of other members of the Chamber of Mines in South Africa and workers of other employers whose participation in the Fund has been approved by the Trustees, may also join.
For queries or any dissatisfaction with your claim or benefit, please contact the Principal Officer.
Why Join Us
HONEST AND DEPENDABLE
Mineworkers Provident Fund was formed in 1989, with a clearly defined vision and strategic objectives which include being the retirement fund of choice in the mining industry but most importantly providing retirement benefits to the most vulnerable workers of our society – the mineworkers.
WE ARE ALWAYS IMPROVING
At Mineworkers Provident Fund, we are constantly finding better ways to support you. From enhanced communication tools to up-to-date resources, we’re committed to keeping you informed about the Fund’s latest developments and helping you understand your benefits every step of the way.
MWPF MANAGEMENT
Since becoming a self-administered fund we have become more efficient and remained firm in our commitment to member centricity. Over and above the statutory audit the Fund commissioned an independent...
INVESTMENTS OF THE FUND
The primary objectives of the Fund is to earn a net investment return (after investment management fees) which exceed inflation as measured by the Consumer Price Index (CPI) by at least 4.5% per annum over any rolling...
REGIONAL ADVISORY COMMITTEE (RAC)
The Trustees established the RAC's as other complementary bodies to the Board of Trustees. The RAC's are support structures to the board. The Fund has a committee in each region where there are members...
The Fund Regulatory Bodies
FINANCIAL SECTOR CONDUCT AUTHORITY
The FSCA is an independent institution, established by statute to oversee the South African non-banking financial services...
MINERALS COUNCIL SOUTH AFRICA
The Minerals Council South Africa is a mining industry employers’ organisation that supports and promotes the...
PENSION FUND ADJUDICATOR
The purpose of the Pension Funds Adjudicator is to resolve disputes in a procedurally fair, economical and expeditious...
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