The Government Employees Pension Fund GEPF has raised concerns about the ongoing volatility in the global economy and the potential impact on investments it makes on behalf of its members.
This comes as global uncertainty is at an all-time high amid deepening geopolitical tensions and trade wars following widespread tariffs imposed by the United States US.
The GEPF has R 2.38 trillion worth of assets under its management.
The fund manages pensions of close to 1.3 million government employees and just over 500 000 pensioners and beneficiaries.
It paid just over R140 billion in benefits in the 2023/24 financial year and received R92 billion in contributions.
