FAQ

How do I go forth to get my MIBFA provident fund paid out?

I have resigned from the company that I've been with for 8 years. How do I go forth to get my provident fund with MIBFA paid out to me? How much does SARS deduct for tax and how long will the provident fund take to pay out?

How do I claim my provident fund?

How do I claim my provident fund?

Can SARS deduct tax that I owe from my retirement fund?

Why can't SARS inform an employee that he/she owes them while he/she is still working? Because when he/she retires, SARS stops the pension or takes the whole lump sum and employee remains with nothing.

How do I get my surplus apportionment?

I'd like to know the following: I worked for a company for 20 years and got retrenched in 2010. I was part of a Metropolitan Provident Fund. Some received their surplus money and some not, as I'm one of those who never got paid out. We worked at the retail store, Clicks. So what must I do so that I can also get mine?

Does Momentum allow loans against their pension funds?

Hi there, My company recently transferred all of our pension funds to Momentum. Do you know whether Momentum allows employees to take out loans against their pension fund? My house was broken into a couple of months ago and we lost all of our electronic equipment. We have insurance so everything was replaced, however, I would now like to take out a loan against my pension fund in order to upgrade the security on my property. Beams, palisades, extra burglar proofing, etc. Please let me know. Thank you once again!

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