FAQ
What happens to the employer contribution when I resign?
I am currently working for a company whereby you can choose what percentage of your annual salary you would like to contribute towards your pension fund. I am currently not contributing, but the company contributes a portion towards my fund. What happens to the employer contribution when I resign? Will I get a portion of the funds or do they take it away?
Am I able to draw UIF at 65 years of age?
Good day, I am hoping you can advise me. I have been employed for 16 years at the same school (I do admin and aftercare). I am turning 65 in May and as per school policy I have to leave at the end of this year. I have contributed to a pension fund, but am not ready to retire and intend looking for another job. I will need to put about R330 000 into a vehicle for safe keeping. I plan to draw UIF when I leave, until such time as I find employment. Firstly, am I able to draw UIF at 65 years of age? I really do need...
Can I withdraw my provident fund if I'm claiming UIF?
In 2011 I worked for a company for only a month. I got another job and worked there for 1 year and 3months, then resigned. I was just about to claim UIF when I got a job where I worked for for 10 months, then got dismissed. After that I got a job contract for 6 months. I would like to know can I withdraw my provident fund if I'm claiming UIF?
Can I borrow money while waiting for my pension to be paid?
Can I borrow money while waiting for my pension to be paid out?
Can I surrender my retirement annuity?
Can I surrender my retirement annuity? Which steps do I follow? How long will it take? Who do I contact?
