PUBLIC SERVANTS’ PENSIONS
State calls on former employees to collect unclaimed benefits
The government has called on retired public servants and their beneficiaries to apply for unclaimed and unpaid pension benefits, which amount to more than R1.6bn. Public Service and Administration Minister Ayanda Dlodlo said on Monday the Government Pensions Administration Agency (GPAA) had 44,190 cases of unpaid and unclaimed benefits as of May 2018. The GPAA administers pensions on behalf of the Government Employees Pension Fund (GEPF). Unclaimed benefits are accumulated as a result of the rejection of incorrect documentation, including the identity of beneficiaries, as well as member tax matters, incorrect banking details and family disputes. While unpaid benefits are settlements that are more than 24 months old from the exit date of employees from the public service, the mode of exit is unknown and there were no exit documents, resulting in amounts being based on the minimum benefit payment. The GPAA is dealing with 26,919 cases of unpaid benefits that amount to R907.1m, while t...
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