What Is The Golden Rule For Pensions? What Is The Golden Rule For Pensions? Employers have several legal responsibilities when it comes to retirement funds, one of which is ensuring timely contributions to the retirement fund as outlined in its registered rules. This responsibility is so crucial that it is enshrined in law and carries… Read More »
How Do I Know How Much Pension I Will Get? How Do I Know How Much Pension I Will Get? As a member of the GEPF, you set aside a portion of your salary every month to ensure your pension benefits. Your employer, the government, also contributes a monthly amount on your behalf. All members… Read More »
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 »
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 »
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 »
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 »
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 »