Death benefits are paid when a member dies while in service, or within five years of becoming a pensioner. The GEPF also pays annuities to qualifying surviving spouse(s) or orphan(s) of members who die while in service or after retiring.
Death while in service:The benefit paid is based on the member’s period of pensionable service. It is payable to the beneficiaries of the deceased member or, if there are no beneficiaries, to the member’s estate.
Death after becoming a pensioner: Retirement or discharge annuities are guaranteed for five years after a member has retired. If the member dies within this period, his or her beneficiaries receive the balance of the five-year annuity payments – excluding the annual supplement, in a once-off cash lump sum.
Spouse’s annuity: A qualifying spouse or eligible life partner is entitled to a percentage of the annuity paid to the member at the time of death. The same applies if the member dies while in service and had a full potential service period of at least 10 years – that is pensionable service years plus unexpired years until normal retirement.
The GEPF pays annuities (child pensions) to the eligible children of members or pensioners who passes away on or after 1 June 2018.