GEPF

Who Qualifies For A GEPF Pension

The Government Employee Pension Fund is one of the largest pension schemes in Africa and to be qualified for such a pension you must be a contributing member of the fund, typically employed by a government institution such as the national and the provincial department, state-owned entities, or other public service organizations. Qualified members are full-time employees, and permanent, employees but part-time employees with qualifying contracts may be considered. Being conscious of the eligibility criteria is very important in planning for your retirement.

Payment Dates For Pension

Here are the payment dates on which pensions are being paid

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

What Is The Qualifying Age For GEPF

The qualifying age for the Government Employee Pension Fund is fifty -five years and above

How To Check Your Pension Balance If You Qualify For GEPF

There is an easy and accessible way of checking your pension balance so far as you are eligible. The Government Employee Pension Fund(GEPF) now has a self-service portal and all that a member requires to have access to this portal is a valid ID number and password to gain access.

How The GEPF Invests

The fund has signed an investment mandate with the PIC(Public Investment Corporation), which is a state-owned assets manager responsible for investing asses t on behalf of the GEPF. The fund trains to invest responsibly for the long term by using active and passive investment strategies and following a core-satellites approach when issuing investment mandates.

What The GEPF Invests In

The fund invests mainly in the South African and African markets, while a small portion is invested in the global markets outside the African continent. Below are the four assets they invested in

Equities
Bond
Properties
Cash

The GEPF serves as a vital resource for those working in the government field to be able to access their financial freedom. Being aware of the qualifications helps you to plan your finances well.

Visit the official website HERE

Linda Nartey