The Local Authorities Pensions Fund (LAPF) is a social security institution established under The LAPF Act No 9 of 2006. Click here to view
The main functions of LAPF: -
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To provide a scheme for payment of benefits to insured persons payable under the Act. |
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To work towards a gradual and continuous improvement of benefits payable under the Act. |
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To register employers and employees who by law are required to contribute to the Fund and collect contributions from them |
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To safeguard members' contributions and other resources of the Fund through keeping and maintaining up to date accounts and records; |
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To invest members' funds in secure and high yielding investments; and |
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To formulate, offer and administer retirement and other benefits packages which are attractive to persons and institutions who are and may become depositors or contributing employers |
