Actuarial Valuation Reports of GIPF are conducted every third year. The main objectives of the Valuation are to:

• Assess the financial position of the Fund as at the Valuation Date.
• Review whether the future contributions are adequate to meet the future accrual of benefits stipulated in the Rules of the Fund.
• Determine whether the nature of the assets of the Fund is suitable to match the nature of the liabilities of the Fund and to
• Fulfil the statutory requirements of the Pension Funds Act (Act 24 of 1956)