WebOnce the GEPF is satisfied that the order requires that it pay pension interest to the non-member former spouse, it will send a Choice form to the former spouse. Once the former spouse receives this form, they need to submit the following documents to the GEPF: A completed choice form A certified copy of their ID WebApr 8, 2014 · The Divorce Act 70 of 1979 (Divorce Act) determines that the pension interest of each party forms part of the assets that a court may …
Dealing with GEPF pension interest upon divorce
WebGEPF Divorce Benefits - A clear explanation on the GEPF and Divorce: The "clean-break" divorce principle was added to the Pension Fund Act 24 of 1956 on 13 September 2007. This means that a non member spouse … WebApr 3, 2024 · This means that members effectively have a “debt” owing on their pension fund. The resolution before Parliament is to amend the GEPF law and adjust the member’s service following payment of a divorce settlement by the fund. For example, if you have 18 years of service and the divorce settlement entitles the non-member spouse to 50% of … day of dead barbie 2019
Divorce - GEPF
WebDivorce order When a member of the GEPF divorces their spouse, the non-member former spouse may be entitled to a portion of their pension interest in terms of the divorce … WebFill out each fillable area. Be sure the info you add to the Gepf Forms is up-to-date and accurate. Add the date to the form using the Date function. Click the Sign icon and make an e-signature. There are three available alternatives; typing, drawing, or uploading one. Double-check each and every area has been filled in correctly. WebThe correct citation as given by the GEPF’s Legal Section in a divorce decree should be: “In terms of Section 7 (7) and 7 (8) (a) (i) and (ii) of the Divorce Act 70 of 1979 it is agreed that 50% of the pension interest, … day of dead artwork