Do I Lose Benefits If I Resign? Do I Lose Benefits If I Resign? When you resign from your job or are let go due to misconduct or an illness you caused yourself, you may be eligible for a resignation benefit. Your employer must provide the necessary documentation for this. The resignation benefit is a… Read More »
What Is The 4 Rule For Retirement What Is The 4 Rule For Retirement Retirement is a phase of life when an individual stops working permanently, typically after reaching a certain age or achieving enough financial security. Being retired marks the end of a career and the beginning of a period where an income primarily… Read More »
Is 65 Too Late To Retire Is 65 Too Late To Retire As you approach the age of 65 years, many individuals find themselves at a crossroads, pondering one of life’s most significant decisions whether is it time to retire. With rising life expectancies, evolving the job market, and shifting financial landscapes, the question of… Read More »
Do GEPF Members Get A Bonus? Do GEPF Members Get A Bonus? NO. The Government Employees Pension Fund (GEPF) does not offer bonuses to its members or pensioners. Since the Fund operates as a defined benefit fund rather than a financial services provider, it is not lawful for the GEPF to provide loans or bonuses.… Read More »
When My Husband Dies, Do I Get Part Of His Pension? When My Husband Dies, Do I Get Part Of His Pension? Yes. If a member passes away, their spouse or eligible life partner will receive a portion of the annuity the member was receiving. This benefit applies whether the member dies while actively employed… Read More »
Can I Access My Pension Money Can I Access My Pension Money Accessing your pension money is a vital decision that can remarkably impact your financial decision. Whether you’re approaching your retirement age or facing unexpected financial challenges, being conscious of how or when to access your pension money is crucial. Depending on the type… Read More »
How Do I Get My Pension How Do I Get My Pension Arranging for your retirement is a vital way of securing your finances, and being conscious of how to get your pension is a key element of that arrangement. Whether you are reaching your retirement age or you just want to be prepared for… Read More »
Does My Wife Get My Annuity? Does My Wife Get My Annuity? YES. If a member passes away, their spouse or eligible life partner is entitled to a portion of the annuity they were receiving. This applies whether the member dies while still in service or after retirement, as long as they had at least… Read More »
Can I Get A Lump Sum From My Husband’s Pension? Can I Get A Lump Sum From My Husband’s Pension? YES, you can get a lump sum from your husband’s pension, If a GEPF member dies within five years after the date of their retirement, his beneficiaries will receive the balance of the annuities payable… Read More »
What Is The Formula For Pension What Is The Formula For Pension A pension is a retirement benefit typically provided by employers to their employees after a certain period of service. The calculation for pension benefits depends on some elements and also the type of retirement plan. The amount of pension is usually determined by… Read More »