As from 01 June 2017 the following benefits are payable to the dependants / nominated beneficiaries. Please note that failure to contribute for 3 consecutive months will result in no insured death & funeral benefits. The 3 months you are not contributing, your premiums to the underwriter will be paid out of your member share which will result on the reduction of your member share.
As from 01 June 2017 the following benefits are payable to the dependents / nominated beneficiaries. All Councillors receive 3x final pensionable salary
The full death benefit is made up of your member share plus the insured benefit paid by the Insurer. Note that the insured benefit paid to the Fund by the Insurer may be zero if your contributions have not been paid over by your Municipality to the Fund on time or if your Municipality delays in informing the Fund of your death
Please note that the Fund’s auditors require the following documentation to be submitted with all death benefit claims.
The following documentation must be submitted with each application of death benefits:
If any of the above-mentioned certificates are not immediately obtainable, the above-mentioned forms should nevertheless be completed and returned to the Fund as soon as possible, together with whatever certificates are available, and a letter indicating the steps taken to obtain the outstanding certificates. All original documents submitted will be returned.