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GEPF is 110.1% funded

Reminder for multiple income earners to make their choices

2 min read

Media Statement
27 June 2023

In September 2022, some Government Employees Pension Fund (GEPF) pensioners were taxed at a higher tax rate following a directive from the South African Revenue Service (SARS) as informed by a provision for a revised rate of tax in the Income Tax Act. This provision was only applicable to pensioners with more than one source of taxable income, including their GEPF pension.

This year (2023), the GEPF sent correspondence to pensioners affected by the higher tax deduction providing them with the option to either accept the revised tax rate or continue with the normal PAYE tax rate applicable to their pension. Not all affected pensioners have responded to the request.

We remind affected pensioners who have not yet responded to the request to make their tax choices, to do so as soon as possible. The forms for this purpose are available on the GEPF website, www.gepf.co.za or at GEPF regional offices. Pensioners who have outstanding SARS debts and wish to settle them should make arrangements directly with SARS. The GEPF cannot assist with arrangements to settle outstanding SARS debts and this deduction cannot be used for that purpose.

Required documents:

1. A form stating your choice, amount, and dates for deduction (obtainable at GEPF Offices and on the GEPF website)
2. A certified copy of the ID of the member (both sides of your SA ID Card, or your green barcoded ID book.)
3. Non-South African nationals should attach a certified copy of their valid passport. All certified copies are valid for six months only.

Submission Instructions:

The original form must be delivered to any GEPF regional office across the country or by email paye@gpaa.gov.za or by postal services to:

Government Employees Pension Fund
Private Bag X63
Pretoria
0001
Pensioners can also contact the GEPF Call Centre: 0800 117669 if further information is required.

Media enquiries : media@gpaa.gov.za /Mack Lewele 0824505076

The GEPF respects privacy and personal information of its members and pensioners and therefore subscribes to the provisions of the Protection of Personal Information Act 4 of 2013. Visit www.gepf.co.za to view GEPF Privacy Policy and Privacy statement.

Issued by the Government Pensions Administration Agency (GPAA) on behalf of the Government Employees Pension Fund

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Breach Notification

NOTIFICATION OF SECURITY COMPROMISE AS PER SECTION 22 OF THE PROTECTION OF PERSONAL INFORMATION ACT, 4 OF 2013 ("POPIA")

The GEPF experienced a security breach and the compromise of personal information held on the GPAA systems and records between February and March 2024. Data subjects were notified of the security breach and potential compromise of personal information on 20 March 2024.

The GPAA immediately shut down all its systems and initiated its Cyber Incident and Response Plan to mitigate the damage at the time of the security compromise. As a result, the compromise of personal information was isolated and curtailed. The GPAA initiated an investigation into the cause and extent of the security breach and committed to providing updates/outcomes of the investigation as soon as practically possible.

Although the investigation is still ongoing, the assessment recently revealed a compromise of personal information of a number of data subjects. The extent of the compromise of personal information is still being investigated and will be communicated on the conclusion of the investigation.

The GPAA has put various additional control measures in place to strengthen the security safeguards on its systems since the incident. The GPAA is working with security agencies to strengthen control measures and avoid future reoccurrences.

The GEPF and GPAA recognises the importance of safeguarding personal information and is working actively to prevent any recurrence of security compromises on the GEPF and GPAA systems.

We apologise for any inconvenience caused and assure you that every reasonable step has been taken to ensure that all GPAA systems and platforms are safe and protected from unauthorised and unlawful access.

The security compromise was reported to the relevant authorities, entities and regulators for further investigations, support and transparency.

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