GEPF

What Happens When A GEPF Member Dies

When a Government Employee Pension Fund(GEPF) member passes away, certain procedures ensure that the deceased member’s benefits are properly managed. The Government Employee Pension Fund is accountable for paying certain benefits to beneficiaries or dependents. These benefits include death benefits which a lump-sum payments and ongoing pensions to qualified dependents such as their spouse or children.

The procedure begins with the family or employer cautioning the Government Employee Pension Fund(GEPF) about the deceased(employee) after which the legal papers such as the death certificate have been presented to GEPF. The GEPF will then access the employee files before any payment is made to the family of the deceased.

READ HERE: How can I check my GEPF pension balance?

Here Are Some Advantages Of The Government Employee Pension Fund Scheme

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

About GEPF

With Government Employee Pension Fund is a benefit that supervises pensions and other related benefits on the authority of government employees in South Africa. The Government Employee Pension Fund(GEPF) has utilized its administration and investment activities for the Government Pensions Administrative Agency(GPAA) and the Public Investment Corporation(PIC) respectively.

What The Government Employee Pension Fund (GEPF) Invest In

When investing in the name of the Government Employee Pension Fund, the Public Investment Corporation invests in these four main categories:

Fixed income
Equity
Properties and
Isibaya Fund

To conclude, when a Government Employee Pension Fund member dies, the GEPF ensures that the loved ones of the deceased are assisted financially during the challenging periods. The Government Employee Pension Funds ensure that they follow the rights procedure to ensure that the beneficiaries of the deceased employee get their contribution to support themselves in that period of phase.

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