How Do I Access Pension Funds How Do I Access Pension Funds Pension funds are a pool of money set aside by the government, employers, and other organizations to provide retirement income for employees or members. These funds are invested overtime to generate returns, to ensure that retirees retire with enough money in their coffers.… Read More »
Can I Withdraw My Pension To My Bank Account? Can I Withdraw My Pension To My Bank Account? If a member chooses to withdraw from the Savings Pot, they can access up to the amount of the seed capital, provided it is at least R2,000 and can transfer it to their bank account. The GEPF… Read More »
How Much Can I Take From My Pension? How Much Can I Take From My Pension? Are you approaching your years of retirement? Do you need money from your pension account to settle issues? worry no more. A two-pot system has been introduced. The two-pot retirement system is a new reform designed to give retirement… Read More »
Can I Withdraw My Pension Early Can I Withdraw My Pension Early Arranging for retirement is an important part of financial stability, but at times life throws unexpected life challenges that require you to get access to your funds earlier than expected. Individuals wonder if they can get a little bit access of to their… Read More »
Can I Get My Pension While Still Working? Can I Get My Pension While Still Working? You cannot access your pension fund while employed by the sponsoring employer, therefore you would need to resign to do so. The GEPF prohibits any withdrawals from the pension fund during employment. However, to provide some flexibility in retirement… 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 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 »
How Do I Access My Pension Funds? How Do I Access My Pension Funds? A retirement savings plan known as a pension provides you with regular income once you stop working. It helps you manage your finances when you retire. You put a part of your salary into the pension fund, and often your employer… Read More »
How Do I Get Access To My Pension? How Do I Get Access To My Pension? A pension is a retirement savings plan that provides you with a steady income once you stop working. It is designed to support you financially during retirement. You contribute a portion of your salary to the pension fund, and… Read More »
How Do I Access My Pension Funds? How Do I Access My Pension Funds? Pension funds are monies set aside by employers and individuals to provide future retirement support for employees. It is a type of investment plan where funds are taken in the form of contribution and invested for a while during the time… Read More »