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Bokamoso Retirement Fund Benefits

Retirement
  • Retirement at age 60
  • A gratuity (lump sum equal to one third) of member's Fund Credit
  • Balance (equal to two thirds) must be utilised to purchase an annuity from a registered insurer
  • Early retirement from age 55

  • Resignation

    A gratuity (lump sum) equal to members Fund Credit


    Death

    A re-insured benefit (lump sum) plus the members fund credit

    NOTE:Since Death and Medical Disability benefits are insured, payment of these benefits are subject to the conditions of the policy


    Medical Disability

    A gratuity (lump sum) equal to members fund credit plus re-insured benefit subject to insurers approval

    NOTE:Since Death and Medical Disability benefits are insured, payment of these benefits are subject to the conditions of the policy


    Housing Loans

    Collateral Security


    After Care Services

  • Annual Benefit Statement
  • Annual General Meeting
  • Tracing of beneficiaries
  • NOTE: The above benefits may differ depending on a members personal circumstances
    Please contact us should you have any queries