PSA calls for urgent review of GEPF investment mandate amidst concerns regarding pension losses [SOUND]

# The Public Servants Association is concerned by reports regarding significant losses arising from certain investments made by the Public Investment Corporation on behalf of the Government Employees Pension Fund. The PSA says the primary responsibility must always remain the protection and growth of members’ retirement savings. The association spokesperson, Claude Naicker is calling on the GEPF Board to urgently review and amend the Investment Mandate Policy to strengthen oversight mechanisms, and improve accountability: