The government employee pension fund gepf has 60 days to pay the nonmember spouse from date of receipt of the duly completed choice form. When indicating nominations, please remember to use full names, current address and to tell us their relationship to you such as brother, daughter, friend etc. Gepf members, pensioners and beneficiaries are reminded that the primary role of the gepf is to protect the wealth of its members and pensioners by safeguarding their retirement benefits through proper administration and prudent investment. However, if you do not include all relevant beneficiaries, the gepf has the right to overrule a nomination form, or to include excluded beneficiaries if they meet the requirements of a dependant as determined by the rules. Beneficiary nomination form complete this form to make, amend or cancel a binding or nonbinding nomination. The election is subject to the rules of the fund and to any legislation applicable to the nomination of beneficiaries, identification of dependants. Bespoke nomination of beneficiaries nomination of beneficiaries. I hereby give notice of my wish that the gratuity, which may be payable upon my death, be paid to the beneficiaries mentioned below and in the z894 form national treasury government employees pension fund gepf instructions for completing form z894 updating the acb bank particulars for a beneficiary of a z894 form. Nominating a beneficiary for a members benefits of a pension fund administrated by pensions. Nomination of beneficiaries investacc pension administration. If you do, its important to ensure your designations are current. Nomination of beneficiaries instructions page 1 of 3 psers health insurance program psrs187 072019 commonwealth of pennsylvania public school employees retirement system nomination of beneficiaries 5 n 5th.
Dependants and beneficiaries the pensions authority. You may alter your nomination at any time by notifying the fund in writing or completing a. Should there be more than six, complete and attach a separate form with each form clearly numbered at the top of the page. B beneficiaries all pages of this form must be completed in order for this form to be valid and the member and the witnesses must initial this page member initial nomination of beneficiaries bar code a particulars of member witness1 initial witness2 initial 11. Wp1002 form fill online, printable, fillable, blank.
Government employees pension fund gepf south african. This form indicates details of dependants and others whom the member wishes to be considered for the payment of benefits and. Gepf administration office building 2a, trevenna campus corner meintjies and francis baard street. For spouse pension on retirement all retirements prior to 31 october 2019, where the member has more than ten years service, and the member will be receiving a gratuity, and a monthly annuity. If your current nomination is a binding nomination, section 4 must also be completed. Ilsf, which may be payable upon my death, be paid to the beneficiaries mentioned below and in the proportion indicated by me. South african national department of basic education. Nomination of beneficiaries complete this form to indicate how you want your benefit with the public school employees retirement system psers distributed in the event of your death. Or cancel my current nomination and no other nomination is required. But for pension arrangements set up under a trust, you may be asked to nominate beneficiaries to receive the benefit. If you are satisfied with the order of precendence you do not need to file any designations. As per her benefit statement, she will receive a cash gratuity of.
Nomination of beneficiaries if you are the sole policy owner and the sole life insured you may nominate one or more beneficiaries to receive the benefit payable in the event of your death. The form should be started with the name, company, policy number, certificate number, and phone number etc. Retire with the gepf if rose chooses this option it means she chooses to have her pension paid by gepf after retirement. Gepf to take action following report of the judicial commission of inquiry into allegations of impropriety at the public investment corporation. The government employees pension fund is africas largest pension fund, with 1 276 753 active members and 391 071 pensioners and beneficiaries as at 31 march 2014.
The benefit paid is based on the members period of pensionable service. If a completed nomination of beneficiary form is not on record, unapproved death benefits are payable to your estate in terms of the policys terms and conditions. Adobe reader or any alternative for windows or macos are required to access and complete fillable content. Resignation benefits government pensions administration. A newly completed nomination form cancels out the old one. If a payment has exceeded the 60 day period, gepf will automatically add the necessary.
All forms, unless otherwise indicated, are electronic pdf forms and can be completed electronically, provided you have acrobat reader 7 or later installed. Nominees dont need not be dependants to receive death benefit. For more information see the pensions authoritys samplenomination form. Unclaimed benefits are benefits where the reason for the members leaving or exiting the fund and his or her last day of service are both known, but the benefit is not paid to the member or beneficiary within 24 months of the last day of service in line with the rules of the fund. Belangrike dokumentasie rakende pensioen, benoeming van. In completing this form, contributing members may nominate any persons, entity or estate to receive part of the pension benefits gratuity payment only upon hisher death. Wp 1002 nomination of beneficiaries and instructions.
Please complete a separate nomination for each plan. Candidate nominations must be submitted using the prescribed nomination form and must reach the. After receipt and acceptance of your nomination of beneficiaries form, psers will return an acknowledgment letter for your records. Overleaf for form z894 fifth 5 th edition november 2002 page 1 of 1 instructions for completing form z864. Nomination of beneficiaries to be completed by all members of the pension fund section 1 details of member 1. Please tick the plan type this nomination applies to. On resignation or discharge if a member has less than ten years of service. They will be able to give you the necessary documents to complete. Always make sure your beneficiary nomination form is up to date. The benefits are paid but are returned to gepf due to incorrect banking details, frozen or dormant accounts, incorrect pay points, etc.
How does the gepf death benefit provide for dependents. Download a blank fillable form wp1002 nomination of beneficiaries national treasury in pdf format just by clicking the download pdf button. Payment may take as long as 60 days from said date and gepf must pay interest for every day that payment is late. Instructions for completing nomination of beneficiaries form wp1002. In all cases, the nominated individual must survive you by 30 days. For spouse pension on retirement all retirements after 31 october 2019, where the member has more than ten years service, and the member will be receiving a gratuity, and a monthly annuity. Updating the personal particulars of a member or pensioner of a pension. If your current nomination is a binding nomination, section 4 must be completed. It is payable to the surviving spouse or beneficiaries or, if there are no beneficiaries, to the members estate. Please hand your completed form to your payroll department who will ensure that this information is kept safely on your personnel records. Mohale you will need to get hold of the gepf and ask them if there is any money due. To do this you can use a document called an expression of wishes, wishes letter or nomination form. Use our existing customer contact form to get in touch.
If you make a nomination we will pay this benefit directly to the nominated beneficiaries in the proportions specified in. Since the process of designating the beneficiaries is an important process that should be done with great care, there should be a separate column in the form where you will have to provide the names of primary beneficiaries. When you join the gepf, there are a few things that you need to do. A designation will still be valid even if your relationship or family situation has changed. Nonbinding nominations can also be updated via our secure member website. The gepf newsletter says that if no valid beneficiary nomination form exists, the fund may divide and award the gratuity among the beneficiaries.
Do i have the right to ask gepf who else got paid on my dads pensions as u received only 35000 for over 20years of service as a carertaker at the school, by the way he only had his spouse, me and my brother n never had a nomination form filled according to the information we got from school hr, we were called to fill forms with no proper meeting or explanation of the process n it ws quite. There are around 17 000 people out there who are entitled to a piece of the unclaimed benefits fund from the gepf government employees pension fund so if you have worked for the government or had a family member deceased or living that once worked for the government in some form, then you may be entitled to a piece of this r456 million pie. J155 undertaking and acceptance of masters directions 44kb j187 liquidation and distribution accounts in deceased estates lying for inspection gpw form. The information and answers supplied in this section do not constitute advice as defined by the financial advisory and intermediary services act, 37 of 2002. However, if you do not include all relevant beneficiaries, the gepf has the right to overrule a nomination form, or to include excluded beneficiaries if they meet the requirements of a dependant as determined by.
Gepf forms fill online, printable, fillable, blank. Individualgroup pension plans this form is for use with the following plan types. Where an estate is app licable, the details must be provided. Kasteelpark, 546 jochemus street, erasmuskloof pretoria. Provision is made for the particulars of six beneficiaries. What if i dont make a nomination or it is not valid at the time of death. Your claim to benefits stems from the fact that you were nominated by the.