Divorcesmart will assist you to claim your benefit

08/08/2013 17:41

Private Pension Claims

Once you receive your divorce order you should claim your share.

 

  • It is important to make an endorcement against the fund as soon as possible this will ensure that your share will not be paid to your ex-spouse in the event of death, disability, resignation, retrenchement or  the liquidation of the fund.
  • Make sure that you make the endorcement EVEN if it is stated in the court order that your ex-spouse will notify the fund. If you don't have a written confirmation from the fund that they have noted the claim, you will have nothing to claim once the monies have been paid to your ex-spouse.
  • Once the endorcement has been made and you have a valid claim the fund has 60 days to pay you your benefit.

 

Divorcesmart will assist in the administration and management of your Private Pension claims or Goverment Employee Pension Fund Claims. Our administration fee is 2% plus VAT of your fund value.

 

 

 

 

Pension Claims after 2007

Divorce Pension Claim - Understand this!

13/09/2017 10:34
When doing your accrual calculation, spouses married ANC with accrual or married in community of property will have to divide their estate in equal shares. However the divorce act does not stipulate is which assets have to be divided as long as each spouse gets their 50% share. You can therefore...

Valid Divorce Pension Claims

10/09/2017 18:45
Correct wording in your divorce order will result in a valid claim against your ex-spouse's retirement funds: You can claim against your spouse’s retirement funds as long as you name them correctly, There a few retirement vehicles that you can claim against: Pension Fund Provident...

Co-habitation can you claim?

04/09/2017 16:16
Divorce and Pension Fund Benefit.   You are entitled to your share of the value of your spouse's Pension / Provident Funds, Retirement Annuity and or Preservation Funds if you are married Ante Nuptial Contract (ANC ) with accrual. Once you have done your accrual calculation and have agreed to...

Divorce and Pension interest. Two "Acts" to follow!

25/11/2016 16:28
Divorce is often a bitter and costly exercise, and the last thing one wants is to go through the legal process only to be left with an unenforceable divorce order in so far as it relates to a share in pension interest. Recent Adjudicator decisions have once again highlighted the importance of...

Divorcesmart will assist you to claim your benefit

08/08/2013 17:41
Private Pension Claims Once you receive your divorce order you should claim your share.   It is important to make an endorcement against the fund as soon as possible this will ensure that your share will not be paid to your ex-spouse in the event of death, disability, resignation,...