Resignation / Dismissal Benefits

The following benefit options apply to members who resign from service:

  1. Refund of employee contributions (plus Fund interest), less tax AND preservation of employer contributions (plus Fund interest).
  2. Refund of employee contributions (plus Fund interest), less tax AND transfer employer contributions (plus Fund interest) to any registered retirement annuity fund within Zimbabwe.
  3. Preserve both employee contributions (plus Fund interest) AND employer contributions (plus Fund interest) within the Fund.
  4. Transfer to any registered annuity fund within Zimbabwe, both the employee contributions (plus Fund interest) and employer contributions (plus Fund interest).
  5. Refund of both employee contributions (plus Fund interest) AND employer contributions (plus Fund interest) less tax. This is only applicable in instances where the employer contribution is less than or equal to the prescribed amount set by the Insurance and Pensions Commission.

Your deferred pension will become payable at your normal Retirement date. However you may opt to be paid early:

  • From age 55:
  • Upon death – Benefits become payable to the eligible dependents.

  • Certified copy of your Identity Document (ID) or valid Passport or Driver’s License,
  • Fully completed Member Exit Form submitted by the Employer, signed by both employee and employer
  • Current Banking details,
  • Member option letter.