WebMar 2, 2024 · However, on the next phase, GEPF members will be able to track all benefit claims such as child’s pension benefit, spouse pension benefit, death benefit, funeral benefit and divorce claim benefit; WebJul 7, 2024 · Divorce Benefit From debt approach to service reduction approach. This amendment to the law removes the notional pension debt concept that accrued to the GEPF member when a portion of their pension was paid out to their former spouse by the GEPF as a divorce settlement. The new amendment now ensures that rather than creating a debt, …
Government Employee Pension Fund (GEPF) Divorce Claims
Web“ You are informed that the Final Decree of Divorce has been received in this office and does not comply with section 7(8)(a)(i)and(ii) of the Divorce Act, 1979, as amended, no endorsement has been made against the Fund. For the GEPF to comply with section 7(8) of the Divorce Act of 1979, the following requirements must be adhered to: WebThe Bill has been enacted and legislation has been amended – Government Gazette Vol 558 No 34864 of 14 December 2011. (See Insertion of section 24A in Proclamation 21 of … jaw\u0027s-harp kk
Splitting a pension on divorce
WebMay 18, 2024 · 3. Propose an Alternative. Consider offering your spouse other assets if you don't want to hand over half of your pension. You may allow your ex to retain ownership of a mortgage-free home that ... WebThe GEPF will pay this divorce pension interest to the non-member former spouse as a cash lump ... It is important to note that once your client starts the transfer process, the transfer instruction cannot be changed or cancelled. In addition, the GEPF will only accept original documents, ... GEPF issues payment documents to you and to Allan Gray WebThis crucial role of the GEPF’s rules relating to divorce settlement and pension GPAA demands that it discharges its mandate with pride, claims between ex-spouses or partners. ... The GPAA’s entire processing system around time in the claims payment process. This caused would be moving towards building paperless environment the GPAA to ... jaw\\u0027s-harp kr