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Political Office-Bearers Pension Fund
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About
Overview & Governance
An overview of the fund
Governance of the fund
Trustees of the fund
Fund benefits
Benefits
The design of the fund
The contributions payable by you and by the State
What benefits you will receive on retirement
What benefits you will receive on resignation
The resignation options
The interest received on late–paid benefits
What benefits your dependants will receive (from the Fund) if you die in office
Loss-of-Office Gratuity
Calculation of fund credit – 1 March 2016
The Old Rules – Benefit design before 1 March 2016
Factors for calculating the maximum benefit
Associated Benefits
The disability income insurance benefit
A funeral benefit payable on the death of an immediate family member, while you are in office
A spouses’ lump sum benefit, payable on the death of your spouse while you are in office
Taxation of Benefits
Contribution allocation towards retirement savings
The investment returns earned by the fund
Retirement benefits
Death benefits
Funeral benefits and Spouse’s life insurance
Resignation benefits
Benefits paid to a former spouse in terms of a divorce order
Housing loans
Retirement Options
Your retirement needs
Understanding your retirement risks
Three risks you face
Key features of a pension
Different kinds of pensions provided
Which pension best meets your needs
How much cash should be taken
What will your pension be
Investments
Investment Strategy
Investment Performance
New Members
Member online registration
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