More than R40-billion pension funds unclaimed in South Africa Click Here to Download Free forms

More than R40-billion pension funds unclaimed in South Africa Click Here to Download Free forms
There is more than R40-billion in unclaimed benefits in the pensions system, according to the Financial Services Board. It is estimated that there are at least 4.5-million people in South Africa and beyond, who have not been paid pensions, either for themselves or for their dependents. Empowerment Projects South Africa is looking for hundreds of people in South Africa who used to work in a public sector, mining, private sector and Government employees pension fund, who left their previous jobs without claiming their pensions funds or their retirement funds. There is a lot of unclaimed pension fund and we are willing to help the beneficiaries of these funds free of charge as part of black empowerment projects. There are many reasons why billions of rands are still unclaimed. These include the failure of employers and funds to provide information about benefits, poor administration, the fact that many foreign workers who are owed benefits leave the country soon after their work permits expire, the failure of members to inform their dependants that they can claim benefits on their death, and the failure of funds to trace members. Out duty is to help and inform the beneficiaries to claim their benefits. To trace or check if you have any unclaimed benefits from your previous employers, Please Click here to download the Retirement Fund Enquiry Form.

Wednesday, February 10, 2016

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