How To Check Pension Amount

Are you a government employee of GEPF(Government Employee Pension Fund) thinking of how to access your pension amount? Getting a hitch of your pension amount in your account is very important in the preparations and your ability to afford your expenses. This all-inclusive guide will assist you with some procedures below on how to:

Examine your pension amount online
Get access to your pension statement
Verify your benefits
Understanding your pension payout options

Examine Your Pension Amount Online

As a member of the GEPF(Government Employee Pension Fund) follow these procedures on how to access your pension amount online

Members are to visit the official website of the GEPF
Log in via the GEPF status portal and check
Click on forgotten password and enter your username and password

Benefits of the GEPF

These are the benefits employees are associated with under the Government Employee Pension Fund

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

Percentage Contributed By Employers Of GEPF

The employer currently contributes a rate of 16% of pensionable salary in respect of ”services” members and 13% in respect of ” other” members, reflecting the differences in the benefits structure of these two categories of members. All members of the fund contribute a rate of 7.5% of pensionable salary

Life Verification of a Pensioner

For employees who receive Life Verification forms, the process is very essential because it safeguards the Government Employee Pension Fund and its members from fraud. It does this by demonstrating that pensions are being paid to the right people. The Life Verification form helps keep trace of pensioners overseas and ensure that pensions are paid to the living people.

To be able to complete the annual life verification procedures, a member needs to do the following:

Fill in the certificate and make sure that all details are correct
Have the certificate signed and stamped by the commissioner of oaths. A commissioner of oaths can be a magistrate, a postmaster, a bank manager, a lawyer, or any prominent personnel in a higher position
Attach a certified copy of your identity legal papers to the form. This copy should not be more than six months old
Post the certificate of the GEPF or hand it to the nearest GEPF Regional Office

Regularly checking your account will help you know if your monthly payments are being made to your account successfully or not and make a good decision about your finances. You can visit the website for more inquiries HERE

Linda Nartey