DISABILITY

In terms of the Rules of the Fund a member can be retired on Disability or Ill health.

In both above instances, the Member may retain his medical aid subsidy subject to the criteria as determined  by the Employer.

Permanent Disability

When a Member becomes totally and permanently incapacitated and unable to perform his own or any similar occupation the member shall retire in terms of Rule 6.2

The Member shall retire from the services of the Employer and receive a monthly pension that is equal to 75% of his/her Pensionable Emoluments. The monthly pension shall be paid from the Fund until the Member reaches the age of 65, when he/she retires from the Fund.

The Member remains a contributing Member of the Fund and the Member shall continue to make pension fund contributions to his/her Member share account. The Fund continues to make employer contributions on behalf of the employer to Member Share Account until the Member retires at age 65.

The Member retains the full death benefit. Should the Pensioner pass away, the applicable death benefits will be paid in terms of the Rules of the Fund and Section 37C of the Pension Funds Act. Kindly  refer to Death Benefits for details.

Ill Health Retirement

A Member who do not qualify for disability shall retire on ill health in terms of Rule 5.23 upon notification from the Employer that the Member has become totally and permanently incapable of efficiently carrying out his duties.

The full Member Share will be paid to the Member and taxed on the Tax tables applicable to retirement. Kindly refer to Retirement for the options available.

Procedure for Disability Applications
  • Complete application form (Click here for the Application for disability form)
  • Submit application form with supporting documents to Employer
  • Employer holds Incapacity Committee meeting
  • Employer submit application form and recommendation to the Fund
  • The Fund refer the matter to independent consultant for assessment
  • The Board of the Fund take a decision based on the assessment

 

Once the process has been finalized, the Member will be contacted by the Fund to arrange for any additional documentation required.

Important to note that there are no waiting periods or exclusions applicable and the Member is covered immediately.