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 »
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 »