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  • Verref Provident Fund Administration Form

Get Verref Provident Fund Administration Form

R No.: Employed by: Please print in BLACK I (Member's full names) Identity Number (must be supplied) Of (Your current postal address) Code.

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How to fill out the Verref Provident Fund Administration Form online

The Verref Provident Fund Administration Form is essential for nominating beneficiaries and ensuring your intentions are clearly documented. This guide will walk you through the process of filling out the form online, ensuring a smooth experience.

Follow the steps to complete your form accurately and efficiently.

  1. Click ‘Get Form’ button to access the form and open it in your preferred editor.
  2. Begin by entering your member number. This unique identifier is crucial for accurate identification within the Provident Fund.
  3. Next, indicate your current employer by filling in the name of the company you are employed by.
  4. In the section marked 'Member's full names', clearly print your full name in black ink to ensure legibility.
  5. Provide your identity number in the designated field. This information is mandatory and will assist in verifying your identity.
  6. Fill out your current postal address, ensuring it includes all relevant details and a postal code, to facilitate any communications.
  7. Nominate your beneficiaries by filling in their full name, relationship to you, identity number (if applicable), and postal address. Make sure the information is accurate, as this will determine who receives benefits in the event of your death.
  8. If needed, use the reverse side of the form to provide additional beneficiary details.
  9. Finally, sign and date the form to confirm your nomination. This signature validates your request and must be included.
  10. After completing the form, review all information for accuracy. You can then save your changes, download, print, or share the form as needed.

Complete your Verref Provident Fund Administration Form online to ensure your beneficiary nominations are documented and protected.

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Contact support

To obtain the necessary claim forms and to ensure that all the required information is supplied, contact the Sanlam Life Claims Call Centre at 021 916 1710. Depending on the nature of the claim, documentary proof (e.g. a death certificate or medical report) will be required.

Answer: Bheki, You can only borrow money from your Sanlam Provident fund if your Fund rules permit this and the loan is for a purpose as specified by the Pension Funds Act (ie housing related). Check with your HR department.

Fazila, Provided your tax affairs are in order, and you have submitted all the required documents (such as a copy of your ID, a completed instruction form stating where the money should go, and proof of banking details), it normally takes 14 to 21 business days to receive your provident fund pay-out.

It typically takes between 4 and 12 weeks to process a retirement fund pay-out (21 business days at 10X Investments), from the time your last contribution is invested or the required instruction forms are received by the administrator (whichever is the later).

E-mail us at deathclaims@sanlam.co.za. Write to us at Policy Death Claims, PO Box 1, Sanlamhof, 7532. Asking your Sanlam adviser or broker to assist you to complete the forms and send it to us. You can submit and track the claim via our web page - www.sanlam.co.za.

It typically takes between 4 and 12 weeks to process a retirement fund pay-out (21 business days at 10X Investments), from the time your last contribution is invested or the required instruction forms are received by the administrator (whichever is the later).

The main difference is that if a pension fund member retires, the member gets one third of the total benefit in a cash lump sum and the other two-thirds is paid out in the form of a pension over the rest of the member's life. A provident fund member can get the full benefit paid in a cash lump sum.

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