What will my pay-out be?


Question:

Hi there I just want to know what will my pay-out be. I previously worked at a company for about 2 years and 7months and the total contribution from both my employer and I added up to about R366 (I think). Can you assist, please. Regards Calvin

Answer:

Calvin,

No, we can't because we have no idea how much of your contribution was actually invested (and how much went to admin fees and risk premiums), how your money was invested (in what asset classes), what returns you earned and what fees came off your return. But your latest benefit statement should tell you what your fund credit is.

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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