THE GEPF AND THE PIC: HOW SAFE IS ALL THAT MONEY?
HOW SAFE IS ALL THAT MONEY?
FEW OTHER ORGANISATIONS HAVE SUCH A MASSIVE INFLUENCE ON THE FINANCIAL WELL-BEING OF SO MANY SOUTH AFRICANS AS THE GOVERNMENT EMPLOYEES PENSION FUND (GEPF) AND THE PUBLIC INVESTMENT CORPORATION (PIC) HAVE. MORE
THAN 1.5M PEOPLE RELY DIRECTLY ON THESE ORGANISATIONS TO INVEST THEIR SAVINGS WISELY, BUT RECENT EVENTS HAVE RAISED QUESTIONS ON HOW WELL THIS
MANDATE IS BEING CARRIED OUT.
Members of the South African Police Service make up a big portion of GEPF members.