Question:
What is the calculation for determining provident fund value (10 years)?
Answer:
Johannes,
There is no formula for a provident fund. Your fund value depends on how much was invested in your fund, and the net investment return thereon. You need to look on your benefit statement. so see how much money you have saved.
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.
