By Business Reporter
AS part of the death benefit offered by the Government Institutions Pension Fund (GIPF), minor children of deceased members are eligible to receive a monthly pension, Amos Kambonde, GIPF Acting General Manager: Marketing and Stakeholders’ Engagement, has said.
This pension is payable upon submission and processing of the death claim.
“Children’s pension is a benefit payable to a beneficiary who is a minor and will be paid to his/her legal guardian. A guardian is a person responsible for making important legal decisions on behalf of a minor; therefore guardians are encouraged to submit proof of enrolment on behalf of the students under their care,” he said.
To qualify for the children’s pension, a child should be younger than 18 years and unmarried. In event that a child is between 18 and 25 years and studying at a recognised educational institution, the fund requires students to provide proof of enrolment on an annual basis, at the beginning of each academic year. In this regard, all qualifying students are urged to submit their proof of enrolment for the 2018 academic year.
When claiming for children’s pension benefit, the following documents must be attached to the claim and must be submitted to GIPF: A full birth certificate, identity document of parent/guardian, guardianship letter/certificate, proof of banking details and contact details of the parent or guardian.
“Immediately after the lump sum payments and commencement of monthly pension payout, all children receiving a pension need to be registered on what we call a biometrics system, at any of the GIPF offices countrywide. After registration, a child is further required to go for verification after every four months, failing which the monthly pension will be suspended,” added Kambonde.
“The fund would like take this opportunity to remind all our pensioners to also come and verify their existence. Our verification periods run from 1 November to 28 February, and starts again from 1 March to 30 June, with the last verification period being between 1 July to 31 October.
“For more information members and beneficiaries are encouraged to log onto our website or alternatively visit their nearest GIPF office”
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