MWPF

Welcome to the Mineworkers’ Provident Fund (MWPF)

The Mineworkers’ Pension Scheme (MWPF) is South Africa’s retirement fund of choice in the mining industry.

What
We Offer

What
We Offer

A DETAILED BROCHURE ABOUT BENEFITS MAY BE DOWNLOADED HERE.

Housing Loans

We provide Pension-Backed Loans through iMas and FNB. The loans are subject to approval by the credit provider and must be used for housing purposes.

Income for Life

You can use all your fund credit to buy our income for life. A large portion of the money is invested which provide the steady guaranteed part of your income for life.

Retirement Benefit

You must apply for payment of you retirement benefit by completing the application form before the Fund will proceed with the processing of your claim.

Death Benefit

This will ensure that the process of paying the funeral benefit is done as soon as possible and that the death benefit claim from the Fund is initiated.

Funeral Benefit

We assist the bereaved family and next-of-kin with the road or air repatriation of the mortal remains of beneficiaries to a funeral home closest to their normal place of residence.

Retirement Benefit Counselling

We offer Retirement Benefit Counselling to members who are about to retire to assist with planning for retirement and to help members.

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

Members 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. Learn More

For queries or any dissatisfaction with your claim or benefit, please contact the Principal Officer.

Why Join Us

HONEST AND DEPENDABLE

According to the audited financial statements as at 31 December 2014, the membership of the Fund was 100 136. The Fund is mostly made up of members from category two to category eight. The bulk of the Mineworkers Provident Fund membership is made up of members belonging to the National Union of Mineworkers. Learn More

WE ARE ALWAYS IMPROVING

Each year members will receive a benefit statement telling them how much they have contributed, and what their withdrawal, death and disability and retirement benefits amount to at the date of the statement. Members must check their details carefully and refer any queries or errors to the Human Resources Department. Learn More

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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