For instance, if your pension is R20 000 a month and you live for the average 19 years after retirement, the GEPF will have paid you R4.5 million in today's value. READ: Pension benefits: Has your ...

The GEPF newsletter says that if no valid beneficiary nomination form exists, the fund “may divide and award the gratuity among the beneficiaries according to the rules of the Fund”. They say that ...