Home Business Legal Matters Government Employee Pension Fund (GEPF) Divorce Claims

Government Employee Pension Fund (GEPF) Divorce Claims


Have you claimed your divorce benefit from your ex-spouse Government Employee Pension Fund?

Or have you lodge a claim but are not getting any feedback from the GEPF? Have you been waiting longer than 60days for your payment?

In the past, the “clean break principle” did not apply to the Government Employee Pension Fund. But in 2011 the Cape High Court declared the law governing the GEPF unconstitutional and ordered the government to remedy the situation.

The 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 1996).

Former spouses (the non-member) of members contributing to the GEPF can now claim their share of the fund as stipulated in their divorce order and don’t have to wait until retirement, resignation or death.

Since the enactment of the new law, the GPAA has received an unprecedented number of divorce claims and this might cause a delay in the finalization of a claim. The GPAA/GEPF however, has 60 days from the date of submission of the claim to effect payment.

Our service includes the administration of a divorce benefit claim and following-up on your claim.

2017-03-02_10-00-37

 

Load More Related Articles
Load More In Legal Matters

Check Also

Doctors Discover That Period Pains are as Painful as Heart Attacks

Having a womb comes with a whole host of challenges – from hormonal mood swings to t…