Abstract
In South Africa, pension funds are crucial for people to save for their retirement. Pension funds are designed to receive contributions from members and to pay out pension benefits in the future when the members retire. It is subsequently imperative that members have faith and trust that their investments are managed well and grow actively. Lately the mismanagement of public pension funds has been the subject of numerous media reports. The concerns question whether the government public pension funds follow proper corporate governance. The study aims to evaluate the extent of corporate governance adopted in South African public pension funds. The study follows a qualitative content analysis method through the use of a qualitative framework, where the annual reports of the government public pension funds will be evaluated to determine whether there is corporate governance in South African public pension funds.
Keywords: pension funds; member; beneficiary; corporate governance