Question:
I gave in my notice 3 days before I left the company I was working and then went to another company. Am I allowed to claim my provident fund from my previous employer?
Answer:
Karabo,
Yes, you can claim your provident fund (as a cash pay-out), or, more sensibly, you could transfer it to your new employer's provident fund, if they have one, and let it earn investment income until you retire or lose your job, and really need the money. You need to fill out the relevant instruction form with your old employer, so that they can send this to the fund administrator, who can then process your claim.
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.
