As a GEPF member, you receive retirement benefits when you:
- Go on normal retirement at the age of 60;
- Take early retirement with the permission of your employer; or
- Choose to retire, with penalties.
Taking normal retirement - what to do:
When going on normal retirement, you need to supply your Human Resources (HR) department with the following documents:
- A correct and completed Withdrawal from Fund Application form (Z102);
- A correct and completed Banking Details form (Z894);
- The Z583 form if you have more than 10 years’ service and are a member of a medical aid scheme;
- A certified copy (not older than six months) of your green bar-coded identity document or passport; and
- A correct and completed Retirement Choice form.
Your HR department will then complete the remaining paperwork and submit this, together with the forms you have completed, to the GEPF.
Taking early retirement - what to do:
You can retire any time after your 55th birthday and before you turn 60 if you have the written permission of your employer and understand the penalties, in terms of funds, of this choice.
To claim early retirement benefits, you need to supply your Human Resources (HR) department with the following documents:
- A correct and completed Z102 form;
- A correct and completed Z894 form;
- A correct and completed Z583 form if you have more than 10 years’ service and are a member of a medical aid scheme;
- A letter of approval for your early retirement, signed by your Head of Department;
- A certified copy (not older than six months) of your green bar-coded identity document; and
- A correct and completed Retirement Choice form.
Next, HR will complete the remaining paperwork and submit it, together with your completed forms, to the GEPF.