Decide what you want to do with each of the benefits below.
Retirement savings |
||
|---|---|---|
| Pension fund | ||
| Lump sum amount | R | {{memberModel.toNearestTen(pensionCalcService.model.penCashOut) | currency : 'RSA' : '' : '1.0-0'}} |
| Total amount transferred | R | {{memberModel.toNearestTen(pensionCalcService.model.preservePen) | currency : 'RSA' : '' : '1.0-0'}} |
| {{debt.description}} | R | -{{memberModel.toNearestTen(debt.amount) | currency : 'RSA' : '' : '1.0-0'}} |
| Provident fund | ||
| Lump sum amount | R | {{memberModel.toNearestTen(pensionCalcService.model.provCashOut) | currency : 'RSA' : '' : '1.0-0'}} |
| Total amount transferred | R | {{memberModel.toNearestTen(pensionCalcService.model.preserveProv) | currency : 'RSA' : '' : '1.0-0'}} |
| {{debt.description}} | R | -{{memberModel.toNearestTen(debt.amount) | currency : 'RSA' : '' : '1.0-0'}} |
Insurance benefits |
|
|---|
Life insurance |
||
|---|---|---|
| {{benefit.benefitName}} | R {{benefit.coverMultiple | number : '1.0-0'}} x | {{memberModel.toNearestTen(benefit.cover) | currency : 'RSA' : '' : '1.0-0'}} Salary |
Disability insurance |
||
|---|---|---|
| {{benefit.benefitName}} | R {{benefit.coverMultiple | number : '1.0-0'}} x | {{memberModel.toNearestTen(benefit.cover) | currency : 'RSA' : '' : '1.0-0'}} Salary |
Critical illness |
||
|---|---|---|
| {{benefit.benefitName}} | R | {{memberModel.toNearestTen(benefit.cover) | currency : 'RSA' : '' : '1.0-0'}} |
Funeral insurance |
||
|---|---|---|
| {{benefit.benefitName}} | ||
| {{item.key}} | R | {{memberModel.toNearestTen(item.value) | currency : 'RSA' : '' : '1.0-0'}} |
Health insurance |
|
|
|---|---|---|
| {{benefit.benefitName}} | R | {{memberModel.toNearestTen(benefit.monthlyPremium) | currency : 'RSA' : '' : '1.0-0'}} |
Multiply |
|
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|---|---|---|
| {{benefit.benefitName}} | {{benefit.tierStatus}} |
* You may take out a similar individual policy with Momentum Myriad without having to do any medical examinations except a smoker’s test.
I declare that all particulars furnished in this form are true and correct; payment by electronic transfer will constitute full and final settlement discharging the Fund and its Administrators of its liability in terms of the rules of the Fund; I understand my the benefit payment options, as well as the tax implications and after receiving relevant financial advice, I confirm that the choices indicated here are my final instructions and acknowledge that I am aware that the benefit paid will be subject to the rules of the Fund and relevant legislation.
Any employer deductions or home loans have not been taken into consideration. For a detailed breakdown of the deductions contact us.