The government pays Special Pensions to individuals who made sacrifices or served the public interest to create a non-racial democracy in South Africa. Dependants can also be recipients of these types of pensions.
To find out more, here’s the GEPF’s pagelink Special Pensions.
Earlier this year, South Africa’s Government Employees Pension Fund (GEPF) began its much-publicized investment push overseas.
The most notable news of this year’s announcement is that part of the 18.6 billion rand the GEPF have set aside for acquisitions has already been invested in emerging markets while it considers a review of the fund’s exposure to the resource sector. See Reuters article Africa’s top retirement fund in overseas investment push.