Question:
Hi my name is refiloe last year in january i lodged a claim with mibfa den aroun april this year got an sms saying my fathers claim is being prossed.then yesterday i got a letter from mibfa with bank letter but the thing i dont get is hows ma late father get only R10,670.10 but most of his colegues got more? My father started working at nordburg from 1977 til 1996 can u just explain for me please
Answer:
Refiloe, This appears to be a claim for a surplus benefit. The amount paid depends on how much your late was short-paid when he initially left the fund. This will differ per member.
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.
