To qualify for a disability benefit you must be incapable to perform your own or similar occupations. Medical evidence to support your claim must be submitted within 6 months.
A lump sum equal to:
Your fund credit (amount saved in the fund)
PLUS
the investment returns and
1 times your annual earnings
(depending on your category of membership)
If you pass away whilst in service of the employer your dependeants and/or beneficiaries will receive:
A lump sum equal to:
Your fund credit (amount saved in the fund)
PLUS
your investment returns and 1 times your annual earnings
(depending on your category of membership)
*Repatriation of Mortal remains (over 100km)
Main member + Inkomo + memorial benefit | R24 000.00 + R10 000.00 + R10 000.00 |
Spouse (maximum of 3 spouses) | R24 000.00 |
Children: 14-21 | R15 000.00 |
Children: 6-13 | R 7 500.00 |
Children: 1-5 | R 3 750.00 |
Children: 0-11 Months (including still born) | R 3 750.00 |