Can I Borrow Money From My GEPF

Can I Borrow Money From My GEPF

Are you a pensioner struggling with financial assistance and wishing to borrow from the Government Employee Pension Fund? You are at the right spot to know what the GEPF is about and what they do if only you are eligible to borrow from them.

The Government Employee Pension Fund is initiated by the government to assist individuals who are at retirement age or need some benefits.  Below are the kinds of benefits derived by the GEPF

READ MORE: How do I find out my pension balance?

• Retirement Benefits
• Unclaimed Benefits
• Divorce Benefits
• Resignation Benefits
• Death Benefits
• Child Pension
• Spouse Pension

Who Is Eligible To Borrow From GEPF

The Government Employee Fund Law does not allocate loans to members as the fund is not a registered Financial Service Provider.

What GEPF Invests In

The Government Employee Pension Fund only invests in domestic banks that have credit ratings of A2 and above. Below are the four main asset classes of the GEPF.

• Equities
• Fixed income
• Properties and
• Isibaya Fund

READ ALSO: Can I register GEPF online?

Remittance Dates for GEPF

• 30 April
• 31 May
• 30 June
• 31 August
• 30 September
• 29 October
• 30 November
• 31 December
• 31 January
• 28 February
• 31 March

To Be Part of the GEPF these are the following information needed by you

• Full name
• Pension/member number
• ID number
• Date of birth
• Your gender
• Tax number
• Telephone number
• Cellphone number
• Postal address
• Details of children
• Details of spouses
• Service date

Contact Details of GEPF

If you need more clarification on the Government Employee Pension Fund do not hesitate to contact these numbers below.

Toll-free number: 08 00 117 669

Fax: 012 326 2507

Email: enquires@gepf.coza

Location: Postal Address

GEPF Private Bag X63,

Pretoria,

0001

If you are a South African-based citizen or a permanent citizen dweller and need a Government Employee Pension Fund for yourself or any other person close to you, you can visit the official website GEPF.