GEPF

How To Claim GEPF

How To Claim GEPF

How To Claim GEPF

Are you are government employee who is reaching your retirement age or leaving the public service? Claiming your Government Employee Pension Fund benefits can be a daunting task. This write-up will help you navigate the process of how to go about it. By guiding you through the eligibility criteria, required documents needed, and any other recommended documents.

READ ALSO: How much does GEPF pay for a funeral?

Eligibility Criteria For GEPF Claims

To claim GEPF benefits, you must:

  • Be a registered member of the Government Employee Pension Fund
  • Have reached the retirement age (60 -65 years)
  • Have completed the required number of years of service
  • Be leaving the public service or retiring

Legal Papers Needed For GEPD Claims

Gather the following legal papers to claim your benefits

  • GEPF membership number
  • ID document
  • Service certificate
  • Proof of age
  • Last payslip
  • Medical certificate(if applicable)

Steps-by-Step GEPF Claims Process

  • Notification: Inform your employer of your intention to claim GEPF benefits
  • Application: Complete the GEPF claims form
  • Submission: Submit your application and supporting documents to the GEPF
  • Verification: GEPF verifies your application and document
  • Payment: Receive your pension benefits

What Else You Should Know About GEPF

Members are encouraged to approach their retirement savings with a preservation mindset, considering the long-term impact of their decisions. By diversifying financial planning and maintaining retirement savings, individuals can ensure a stable and comfortable retirement while protecting their financial future. The GEPF is committed to providing clear information and a seamless experience for members, and further details on partial withdrawal procedures will be communicated as they are finalized

Payment Dates For Pension

Below are the payment dates on which remittances are paid to members

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

What The GEPF Invests In

The GEPF invests in four main class assets which are

  • Equities
  • Fixed income
  • Properties and
  • Isibaya Funds

Claiming GEPF benefits requires careful planning and attention to detail. Follow the guide to ensure smooth claims procedures. You can also visit the official website for more information

 

Linda Nartey

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