Does GEPF Pay Once? Does GEPF Pay Once? For retirees, GEPF provides ongoing monthly pension payments rather than a single payment. However, members who leave government service before reaching retirement age may receive a one-time lump-sum payment based on their contributions to the fund. According to the GEP Law, the Fund aims to grant annual… Read More »
How Is GEPF Payout Calculated? How Is GEPF Payout Calculated? If you are a member of the GEPF and are nearing retirement, you might be wondering how much you will receive once you retire. As a GEPF member, you contribute a percentage of your salary each month to secure your pension benefits. In addition, the… Read More »
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 »
How Long Does It Take To Get Your Money From GEPF How Long Does It Take To Get Your Money From GEPF When it comes to accessing your retirement benefits, understanding the timeline for receiving your money from the Government Employee Pension Fund is essential. The process of disbursing a pension payout can vary depending… Read More »
How Long Does It Take To Get Your Money From GEPF? How Long Does It Take To Get Your Money From GEPF? Are you a member of the Government Employees Pension Fund (GEPF) and want to know the duration for receiving your money? Understanding the timeline of GEPF can be a bit confusing, however, this… Read More »
How Long Does It Take To Get Your Money From GEPF How Long Does It Take To Get Your Money From GEPF The Government Employee Pension Fund is one of the biggest pension funds, providing financial backing to millions of South African citizens(employees). When it comes to accessing your hard-earned retirement savings, timing is very… Read More »