For Business FAQ

Can I take out a loan against my provident fund?

Hi, I've been employed for about 8 years with the same company. I'd like to borrow some non-cash from my provident fund account; can I do so? If yes, how do I apply? Also, how do I get my latest benefit statement e-mailed to me?

Do I receive my employer's retirement fund contribution if I resign?

Good day I would like to know that if I resign, do I receive my employer's retirement fund contribution or only mine?

Can I claim my provident fund form a previous employer?

I was fired from my job in May 2011 and I didn't claim UIF or my provident fund. Will it be possible to claim this now, or at least my provident fund? Please advise me. I'm still unemployed.

Where can I complain about my provident fund pay-out?

Where can I complain about my provident fund pay-out? What happens to my annual leave after I've been fired, aren't they suppose to pay me my annual leave money? I've worked at Shoprite for 4 years and they only gave me R3 700, while they used to deduct R68 from my pay every week. Help, please.

What are the differences between a provident and a pension fund?

I am working for a company that uses 2 options for retirement saving: Option 1: provident fund (7.5 % employer contribution and 7.5% employee contribution) Option 2 pension fund and pension provident fund (7.5 % employer contribution and 7.5% employee contribution) What is the best option for the employee, and can one transfer funds from a provident fund to a pension fund when changing employment?

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