General

How do I claim surplus funds without the deceased's details?

Question:

Good day My father-in-law passed away 13 years ago. His kids are receiving a pension from the metal industry where he worked for years. How do I claim surplus funds without the deceased's details, because we don't have his ID or death certificate.

Answer:

Jesmien,

The children's mother should have this information, and she should be the person to claim for a surplus benefit. But if the Fund is presently paying a pension to the deceased's children, they should have his details on file, such as his ID number. You can then use this, to check whether he would have qualified for a surplus apportionment.

Join 50,000+ smart investors
Subscribe to the Rands & Sense newsletter
Get valuable investment insights as well as access to webinars and podcasts on tax, retirement, and strategies to grow your wealth.

How can we 10X Your Future?

Begin your journey to a secure future with 10X Investments. Explore our range of retirement products designed to help you grow your wealth and achieve financial success.