Who Wants to be a Government Employee - Part 2

When was the Government Employees Pension Fund (GEPF) established?

• July 2005
• March 2010
• April 2000
• May 1996

What is the primary aim of the GEPF?

• Provide housing benefits
• Provide education benefits
• Provide healthcare benefits
• Provide retirement benefits

Who can belong to the GEPF?

• All government departments whose conditions of service come under the Public Service Act
• Only teachers
• Only healthcare workers
• Only private sector employees

What percentage of their pensionable salary do GEPF members contribute towards the fund?

• 5.0%

• 7.5%

• 15.0%

• 10.0%

How is final salary defined in the GEPF?

• Average salary over the last 18 months
• Average salary over the last 12 months
• Average salary over the last 24 months
• Average salary over the last 36 months

Under what circumstances can a member be discharged from the GEPF?

• Due to resignation
• Due to promotion
• Due to retirement
• Due to misconduct

What happens if a member retires before age 60 in the GEPF?

• Benefits are increased
• Benefits are decreased
• Benefits remain the same
• Benefits are forfeited

What is the rate of contribution for members of the South African National Defense Force or government employees in the intelligence community?

• 13.0%

• 16.0%

• 7.5%

• 20.0%

What is the largest pension fund in South Africa?

• GEPF
• Sanlam Umbrella Fund
• Old Mutual SuperFund
• Transnet Pension Fund

What benefits does the GEPF provide, besides retirement benefits?

• Resignation/withdrawal, disability/ill-health, and death benefits
• Education benefits
• Housing benefits
• Healthcare benefits