Billions Yet To Be Claimed From Pension Funds | AfroNaija

Promote / Monetize Your Song With Us On WhatsApp: 09092093564

Billions yet to be claimed from pension funds


Billions yet to be claimed from pension funds

Billions yet to be claimed from pension funds

Takalani Lukhaimane of the Financial Services board said the rightful beneficiaries are yet to claim more than R50 billion worth of pension funds.

The Financial Sector Conduct Authority is beckoning on South Africans to check their status online, through the FCSA database to know if they are eligible or not.

We have various ways in which people can make an enquiry, one is the database that you would submit an electronic enquiry, so you would complete a form online and the form will require you to provide basic information, which will be protected.”

The system would then automatically check if there is a benefit that is potentially payable to you because the money doesn’t actually sit with the FSCA, they sit with the retirement funds to which the person used to belong,” she said.

Moreover, potential beneficiaries can also SMS their ID number to 30913 or send an enquiry email to

The post Billions yet to be claimed from pension funds appeared first on .

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

South Africa News

Get breaking South Africa news, south africa news today, latest south african news today, what is happening in south africa, latest news south africa, headlines today breaking news, daily news south africa, current situation in south africa

Related Articles

Leave a Reply

Your email address will not be published.