How Do I Find Out How Much Is In My Retirement

Planning for your retirement is one of the most essential financial goals, but it can be difficult to know your faith. Whether you are years away from retiring or reaching your retirement stage. Keeping track of how much you have saved is important for ensuring your financial security. Being conscious of your current retirement state helps to know where you are on track to meet your goals.

In this guide, we will thread you through the guidelines of how much you have accumulated in your retirement savings. Follow this post as we delve into it.

How To Check How Much You Have In Your Account

The Government Employee Pension Fund(GEPF0 now possesses a self-service status portal where members can access the latest benefits by using their ID number and password. The app has been approved for good performance. The portal provides strong security to protect employees’ details.

Check How Much You Have In Your Balance Via The App

You can visit the official website by going to the Play Store or App Store
Download and install the GEPF App on your mobile
Set your account by using your personal information
Complete all the requirement

Check How Much You Have For Your Retirement Savings

Visit the official website of GEPF
Login with your ID number and Password
Click on forgotten password and enter your details
You will receive a link to reset your pin
Once you logged in you can now have access your benefits statement

Kinds Of Retirement

Normal Retirement: The standard age for retirement is sixty years. The benefits you get depend on the number of years you’ve worked and contributed to the fund.
Early Retirement: In some cases, employees turned out to retire before the actual retirement age. In this case, you are entitled to the number of years you worked, if it is ten years you are entitled to lump-sum payments and monthly allowances
Health conditions: If you resign due to a health condition suffered at work you will be entitled to your benefits as well as other incentives

To Conclude

It’s important to point-up that t members are under no obligation to access these funds allocated to their savings. GEPF strongly encourages members to keep their money invested and consider withdrawing at the time of their retirement. Visit the official website for more insight and clarification