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How is this possible? Due to good governance and prudent investment strategies applied by the Board of Trustees, the actuarial valuation for the financial year-end 2018 confirmed that the Pensions Account was in a strong financial position.

The funding level of the Pensions Account amounted to 128% so, based on this, and on recommendation from the Actuary, the Trustees made the decision to grant all pensioners another bonus.

All pensioners who were in receipt of a pension as at 7 June 2019 will receive a bonus of 9 x your monthly pension. This once-off bonus will be paid with your September monthly pension. Please keep in mind that this amount will be subject to tax.

NEW Don’t fall for scams! Scammers are on the prowl and are always looking for creative ways to get money from you. Safeguard yourself by implementing the following rules: Be alert! Always verify the facts! Who are you dealing with? The CRF will never request you to make payments directly to a CRF employee. If you receive communication, make sure it’s from our official communication channels: WhatsApp 021 915 3500 | | Your support team is here to assist! When in doubt let us know! Contact our client services team on 0861 273 863.