Simeka: Markets at a Glance as at August 2023

This publication provides a monthly review of major indexes, important macroeconomic indicators and an overview of the highs and lows of the stock market for the period. Read More...

The Two-Pot Retirement System: An update from Sanlam Corporate

From 1 March 2024, a member’s Fund Credit and their future contributions will be reclassified into a ‘vested pot’, ‘emergency savings pot’ and ‘retirement pot’. We will change all Fund Credit...

Simeka Investment Notes – April 2023

In January 2023, Principal Investment Consultant Marcus Rautenbach shared his expectations of financial markets for 2023 and he updated them in April 2023. Halfway through 2023, he evaluates his...

Simeka Economic Commentary – July 2023

In Simeka’s July Economic Commentary, Marcus Rautenbach comments on the volatility of the rand followed by South Africa’s stratagems in the geopolitical world. The domestic economy remained under...

Simeka retirement insights

The transfer of benefits of members and pensioners of retirement funds to other retirement funds is allowed in certain circumstances, subject to the provisions of the Pension Funds Act and the...

Find out what benefits you qualify for?

Core Benefits

Retirement Fund

Scheme for Spouse’s Cover

Disability Benefits

Group Life Insurance Scheme

Funeral Cover

Quick Links

How do I access my Fund information?

Forms and Documents

More About the Fund

Life Stage Model

Join the Pension Fund

Age 53 - optional Portfolio change

Age 60 - retirement planing process

Age 65 - Retirement

What investment options does SURF offer me?

Investment Choice option

From age 53, USRF offers members investment options outside the default investment strategy.
If you opt for the Investment Choice option, from age 53, you may choose to invest your fund credit in these portfolios.

The Growth Portfolio

The Growth Portfolio consists of both a local and an offshore component. The local component is split in equal portions between the following investment managers: Allan Gray, Coronation and Ninety One. It should be noted that differences in investment returns of the managers result in changes in manager allocations from time to time. The offshore component is managed by Willis Towers Watson.

The composition of the Growth Portfolio per manager allocation as at 30 November 2022 was as follows: