Can I Check How Much I Have In My Pension

Can I Check How How Much I Have In My Pension

The Government Employee Pension Fund is a benefit initiated by the government to assist individuals or public service employees to able to cater for themselves when they are going on pension. Being conscious of the value of your pension is very important for securing a brighter future for yourself and your beneficiaries.

READ ALSO: What happens when a GEPF member dies?

Settlements Dates For Government Employee Pension Fund

Below are the dates on which arreas are been paid to employees:

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

How To Check How Much You Have In Your Pension

The steps below depend on the type of pension plan you have

• Employer-Sponsored Pension Plan: Numerous employers or pension providers offer online services or platforms to employees to be able to review their pension balance.
• Review Your Annual Statement: Pension providers frequently send out an annual or quarterly statement showing your contribution, pension balance, and potential benefits you may get
• Contact the Head Of Department or Pension Provider: If you are not certain how to access your pension details ask your HR or you can contact the pension provider directly

You can also check your pension balance  by following these laydown procedures:

• Visit the official website of GEPF
• Log in via the GEPF status check portal
• Click on the forgotten password and enter your credentials

Some Bonds That The GEPF Invests In

There are four main categories that the GEPF invests in they are:

• Fixed income
• Equity
• Properties and
• Isibaya Fund

At What Age Is One Qualified For Pension Fund

To be qualified for a pension fund you need to attain the age of 55 years and above before you can qualified for the fund.

For more inquiries on how to go about the Government Employee Pension Fund(GEPF) do not falter to contact them on:

Tel: +27 80 011 7669

Fax: +27 12 326 2507

Visit the official website here for more details about GEPF