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PRASA PROVIDENT FUND: Invitation to Tender for Administration Services

 

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The PRASA Provident Fund is seeking a qualified and experienced service provider to administer its fund, which serves around 12,000 active members and manages assets worth approximately R7 billion. The chosen administrator will be responsible for maintaining individual membership records, processing various types of benefits, and ensuring data accuracy. The successful organisation must possess a Section 13B license, a valid FSP license, and a BBEEE certificate. Throughout the engagement, the administration service provider will need to comply with all relevant legislation and provide regular reporting and detailed administration and cash flow reports. Active participation in scheduled meetings, as well as occasional additional meetings upon invitation, is required to provide guidance on administrative issues.


Qualified organisations are invited to submit their responses by no later than 17:00 on September 3, 2025. Submissions should follow the specified format outlined in the RFP and include all required documentation, including licenses and insurance details. For proposals or additional information, contact Lungi Madini at Mufaro Employee Benefits via phone at (011) 065 9518 or email lungi@mufaro.co.za. 

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REQUEST FOR PROPOSAL (RFP)​​

ASSESSMENT OF THE TWO FLAGSHIPS FUNDS OF THE MOTOR INDUSTRY RETIREMENT FUNDS AGAINST THE FINANCIAL SECTOR TRANSFORMATION CODE (FSTC)

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The Motor Industry Retirement Funds (MIRF) are registered Retirement Funds in terms of the Pension Funds Act, 1956. The Funds have a combined asset portfolio of more than R56 billion. MIRF is seeking proposals from qualified service providers to submit proposals to conduct a formal assessment of its two flagship funds, namely the Auto Workers Provident Fund and the Motor Industry Provident Fund, against the Financial Sector Transformation Code (FSTC).

Submissions 

Submission Deadline: 21 September 2025

All submissions must be made to: Procurement@mirf.co.za

Contract start Date: To be agreed upon with successful party.

All queries are welcome to contact the Deputy Fund Secretary Talukanyani Mabirimisa via email on Talukanyani@mirf.co.za.

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Enquires no later than 15 September 2025.

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Senior Manager: Business Development (TSRF)

Join an innovative leader in retirement security! The Transport Sector Retirement Fund (TSRF) seeks a strategic Senior Manager to drive membership and revenue growth. In this pivotal role, you will identify new business opportunities, build strategic relationships, and lead a team of brokers to deliver compliant financial advice. Key responsibilities include developing sales strategies, consulting on employee benefits, and expanding market presence, all while ensuring alignment with regulatory frameworks.

Apply today if you have a strong background in business development, leadership, and a keen understanding of retirement fund products. Please send your CV and required documentation to our HR Consultant, Jaqui Perkes, at jaquiperkes@icloud.com or jaquip@fairlabour.co.za by 19 September 2025. Join us in shaping the future of retirement security!

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