How much will my pay-out be if I resign?


Question:

I have been working at Sizwe Medical Aid as a case manager from 04/05/2011. How much will my pay-out be if I resign and how much tax can be deducted?

Answer:

Thami,

You will get the contributions invested in your retirement fund account, plus the net investment return earned on those contributions. Your benefit statement should tell you how much that is - we cannot possibly tell without knowing the level of contributions, how the money was invested and what fees were charged.

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.


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