emp info

Employer Information

Those employed before BPOPF was established in 2001 and opted to join the Fund. Those employed in April 2001 as permanent and pensionable and after, automatically became members of BPOPF. Those who were industrial class employees and affected by the Public service Act of 2008 and opted to become…

Investments

Members
162000+
Total Assets
90+ Billion
Total Current Liabilities
7+ Billion

The Fund’s investments are divided between four separate portfolios, these being the Active Member and Deferred Pensioner Portfolio, the Pre-Retirement Switch Portfolio – designed to preserve members capital as they approach retirement. The portfolio is therefore conservative by nature, focusing on providing steady growth with minimal risk. The With-Profit Pensioner Portfolio  - a fairly conservative portfolio that preserves pensioners’ capital while generating steady return. The Without-Profit (Non-Profit) Pensioner Portfolio – incorporates an annual growth figure as agreed with the member and risk does not lie with the member.

investment

Stay Informed

Jun 13, 2022
Statement Of Assurance

Please find attached a statement of assurance from the Board Chairman

Jun 06, 2022
The Importance of Tax Filing

Please see attached column on the importance of filing your tax returns as a Member.

Feb 22, 2022
The Importance Of Retirement Planning

We have put together an article on the importance of retirement planning. Please read it as it will provide valuable insights on retirement and…

Jan 31, 2022
Pre Retirement Counselling

It’s never too early to start planning for retirement, the earlier the better.

This is a counselling session or discussion held with…

Jan 31, 2022
Pre Retirement Counselling

Ipaakanyetse go tlogela tiro ka bogodi go santse go nale nako.

Pre-Retirement Counselling ke di puisano tse re nnang letsone le maloko…

Dec 06, 2021
Additional Voluntary Contributions

Saving is crucial and saving more is even better. A business magnate and investor, Mr. Warren Edward Buffet, says “Do not save what is left after…

Nov 22, 2021
Nearing Your Retirement?
Nov 22, 2021
Customer Complaints
Sep 06, 2021
The Importance Of Pension

As people go through the course of their careers, they have an expectation that a time will come when they will be able to retire. When that time…

Aug 11, 2021
Declaration Of Final Interest Rates 2020/2021

Plese see attached the declarion of final interest rates for the financial year ended 31 March 2021. 

Jun 29, 2021
Tax Filing Season

Please be informed that it is almost tax filing season. Please make sure all your returns are flied with BURS. 

For our Pensioners, your…

Jun 25, 2021
Interim Interest Rate April 2021

Please find attached Interim Interest Rate for the period ended 30 April 2021. 

Frequently Asked Questions

An Annuity is a contract agreed upon by a retiree and the retirement fund or an insurance company detailing how monthly pension payments would be made to the pensioner for the rest of his or her life.

When a member retires, he or she has the option to either buy a monthly pension (annuity) from the BPOPF or from an insurance company…

Members closer to retirement have a lower ability to take risk. In case of a loss they may not have sufficient time to recover before they retire. Their objective is, therefore, to preserve what they have accumulated over the years. To achieve this objective their money is invested in a Conservative Portfolio.

From April 2014, the…

When a member passes on, the whole benefit is paid out to the beneficiaries. BPOPF/ Employer undertakes investigations that will detemine the apportionment of the member’s accumulated pension to the beneficiaries.

The early retirement age is 45 years and normal/compulsory retirement age is 60 years.