The EPPF remains a private pension fund governed by regulation

Dear Member

The EPPF notes media reports that Eskom is to be overseen by the Department of Mineral Resources and Energy. It is currently overseen by the Department of Public Enterprises. As yet, the EPPF has not received any official communication on this matter. We will engage Eskom through our routine meetings to understand if there are implications.

It is important to remember that the EPPF is registered as a private fund in terms of the Pension Funds Act. In accordance with the Act, the EPPF fulfils all requirements set down by the Financial Sector Conduct Authority. 

The EPPF has a funding ratio of 139% which positions it as a leading sustainable pension fund both in size and strength.

We remain committed to ensuring service continuity to you, as a member or pensioner.

Kind regards
The EPPF team