BOARD OF TRUSTEES

Guiding Excellence. Ensuring Your Financial Future.
BOARD OF TRUSTEES

The Phumula Retirement Fund is administered by a Board of trustees consisting of twelve (12) Trustees, i.e. three (3) In-Service Employee Representatives and nine (9) Pensioner Representatives and two (2) Independent Trustees.
Elected Representatives and their alternates serve for five years. Independent Trustees are appointed every three years.
The number of Deferred Pensioner Representatives and Pensioner Representatives is determined by the Board of Trustees prior to each election proportionally according to the number of members who are in service and the number of members who are pensioners, rounding off the number of each class of representative as fairly as possible to reflect the proportionality of membership in the Fund.
The Board of Trustees, elected effective 12 March 2021, are as follows: