MWPF

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. Joining members must be under the age of 60 for underground employees and 63 for other employees.

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.

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 5-year period (this is equivalent to a gross investment return of some 5.0% to 5.5% per annum above inflation).