How Is Your Pension Calculated How Is Your Pension Calculated Pensions are forms of retirement income that are usually provided by employers to employees. The calculation depends on some elements. Which can vary on the type of pension plan you have enrolled for. The calculation usually considers; Years of Service: The number of years you… Read More »
When A Man Dies Does His Pension Go To His Wife? When A Man Dies Does His Pension Go To His Wife? YES. Pension is payable to the beneficiaries of the deceased member or, if there are no beneficiaries, to the member’s estate. Death benefits are provided when a member passes away while still employed or… Read More »
What Does A Wife Need To Do When Her Husband Dies? What Does A Wife Need To Do When Her Husband Dies? Losing a husband is one of the most difficult experiences anyone can face. The grief can be overwhelming, and dealing with all the practical matters that follow can feel like too much to… Read More »
Is It Better To Take A Lump Sum Or Monthly Pension Is It Better To Take A Lump Sum Or Monthly Pension When it comes to retirement preparation, one of the difficult decisions you find yourself making is whether to take your pension in a lump sum or monthly each one comes with its advantages… Read More »
How Long Does It Take To Get Your Money From GEPF? How Long Does It Take To Get Your Money From GEPF? The Government Employees Pension Fund (GEPF) is a retirement fund for South African government workers. It helps provide financial support when they retire, making sure they have a steady income after they stop… Read More »
What Is The Best Age To Retire What Is The Best Age To Retire Are you a government employee who is wondering about the age of retirement? Or want to know the best age to retire from work. The official retirement age for all government employees is 60 years and above. Some employees are likely… Read More »
Can A Divorced Woman Collect Her Ex-Husband’s Pension? Can A Divorced Woman Collect Her Ex-Husband’s Pension? Yes a divorced woman can collect her ex-husbands pension If the divorce order includes a section 7(8) clause from the Divorce Act and follows certain rules. The divorced woman will have to approach the pension fund and provide them… Read More »
What Is The State Pension Age In South Africa What Is The State Pension Age In South Africa In South Africa, the state pension refers to the age at which individuals become qualified to receive state pension benefits. This state pension is referred to as the Older Grant Pension for many elderly people. As of… Read More »
Can My Ex-Wife Claim My Pension Years After Divorce In South? Can My Ex-Wife Claim My Pension Years After Divorce In South? Yes, your ex-wife can claim your pension years after divorce, if the divorce order includes a provision under section 7(8) of the Divorce Act and meets certain conditions, each spouse is generally entitled… Read More »
How Does The GEPF Pay For Divorce? How Does The GEPF Pay For Divorce? The Government Employees Pension Fund (GEPF) accepts all types of marriages, including customary ones, but it does not decide if these marriages are legal. If a couple gets divorced, the GEPF will handle claims related to a member’s pension benefits once… Read More »