Medically boarded, early retirement, retirement

[akescpt]

I'll bet that they put plenty of pressure on her to take early retirement instead of a medical board?

always. since you will still be able to let your pension grow with additional contributions until you retire. im just afraid because of her age they will push the early retirement agenda forcefully.

 

[MickeyD]

always. since you will still be able to let your pension grow with additional contributions until you retire. im just afraid because of her age they will push the early retirement agenda forcefully.

And they (either the company or the pension scheme) have to make medical aid contributions until her retirement age!

 

[akescpt]

And they (either the company or the pension scheme) have to make medical aid contributions until her retirement age!

yep. she should ride them (the benefits) into the sunset.

 

[Pitbull]

One more question:

She's being sent to a Nero Surgeon and she has to pay the Specialist fee of R 1 200 out of her pocket. Is this something she has to pay or should her employer refund her as they are the ones sending her?

 

[akescpt]

One more question:

She's being sent to a Nero Surgeon and she has to pay the Specialist fee of R 1 200 out of her pocket. Is this something she has to pay or should her employer refund her as they are the ones sending her?

They have initiated this so shouldn't they be paying?

 

[Pitbull]

They have initiated this so shouldn't they be paying?

My feeling exactly. But it seems to not be the case. I'll tell her to take it up with the employer

 

[iDOL]

One more question:

She's being sent to a Nero Surgeon and she has to pay the Specialist fee of R 1 200 out of her pocket. Is this something she has to pay or should her employer refund her as they are the ones sending her?

For disability claims process, most instances it's for your own account - depending on the specific policy.

As well as the first 3/6 months (it varies by disability policy) whilst you're being assessed you are due to stay off work. Most companies will then just cover your salary for a period of your sick leave and not pay your salary for the remainder of the period whilst you are being assessed for disability.
The payments for disability will then only commence once you've been assessed and accepted.

 

[Pitbull]

For disability claims process, most instances it's for your own account - depending on the specific policy.

As well as the first 3/6 months (it varies by disability policy) whilst you're being assessed you are due to stay off work. Most companies will then just cover your salary for a period of your sick leave and not pay your salary for the remainder of the period whilst you are being assessed for disability.
The payments for disability will then only commence once you've been assessed and accepted.

She's currently still working though. I think it's till they find a replacement. I also think she should just stay home and enjoy her retirement...

 

[SinghDude]

Tell her to book off sick. Claim IOD, due to stress and current medical condition.

If it is IOD she could drag this out until retirement.

 

[Pitbull]

Tell her to book off sick. Claim IOD, due to stress and current medical condition.

If it is IOD she could drag this out until retirement.

lol, no need. She actually doesn't even have to work no more. It's more a pride thing than anything else...
My dad has been on pension now already for about 5 years. Why she does this to herself is beyond me tbh.

 

[SinghDude]

lol, no need. She actually doesn't even have to work no more. It's more a pride thing than anything else...
My dad has been on pension now already for about 5 years. Why she does this to herself is beyond me tbh.

Stubborn old-school. Proud of being working class i suppose.... Give her credit, she is a strong-willed individual and you should be proud and blessed.



/Tell her to stay at home and you will have more grand kids incase you dont....

 

[Mamullins]

I am on early retirement due to ill health and would like to know how the monthly pension/payout is calculated. When I calculated against what my finall salary, my monthly pension is about 44% of my final salary. I was in the teaching profession for 25 year of which 19 was permanent. Despite calls, emails and faxes to GEPF as well as WCED, I still haven't received a satisfactory reply. I also don't have medical aid any more because I was told to sort it out myself, but with what I receive on a monthly basis, I just cannot afford medical aid. Please advise

 

[Pitbull]

I am on early retirement due to ill health and would like to know how the monthly pension/payout is calculated. When I calculated against what my finall salary, my monthly pension is about 44% of my final salary. I was in the teaching profession for 25 year of which 19 was permanent. Despite calls, emails and faxes to GEPF as well as WCED, I still haven't received a satisfactory reply. I also don't have medical aid any more because I was told to sort it out myself, but with what I receive on a monthly basis, I just cannot afford medical aid. Please advise

Remember you only get paid 75% of your nett. So 75% of your net and then taxed. Not 100% sure though.

 

[Mamullins]

Thank you

 

[aigle2am]

I am on early retirement due to ill health and would like to know how the monthly pension/payout is calculated. When I calculated against what my finall salary, my monthly pension is about 44% of my final salary. I was in the teaching profession for 25 year of which 19 was permanent. Despite calls, emails and faxes to GEPF as well as WCED, I still haven't received a satisfactory reply. I also don't have medical aid any more because I was told to sort it out myself, but with what I receive on a monthly basis, I just cannot afford medical aid. Please advise

If you were boarded as a member of GEMS, your membership should still continue. You would still the discounted premium as usual. If your were not a member. then there is no recourse for you. You need to go physically to the WCED as calls and emails are meaningless. Would be better if someone accompanies you.

 

[Freshy-ZN]

How is your mom Pitbull? Was reading the thread and then saw it was a bit of a necro

 

[Splinter]

Retirement due to ill health (full medical board) trumps early retirement any day of the week.

I assume so as she came to me asking me about it since they are trying to sell early retirement to her.

As others have said, it does depend on what kind of fund it is, the rules of the fund and exactly what is offered ito diability cover etc.

For example, does she get 75% of her salary afterwards adjusted for inflation.

I know of cases where a medically boarded person becomes basically destitute after inflation destroys their income after a few years.

 

[Pitbull]

How is your mom Pitbull? Was reading the thread and then saw it was a bit of a necro

She's retiring next year June (Normal retirement). She's on meds that controls her tremors now. She's a different person all together

Thank you for asking

 

[Freshy-ZN]

awesome.

 

[pb41]

She would also be entitled to claim UIF sickness benefits if she is unable to work. Employees can currently claim up to 8 months of illness benefits but this will be increased to 12 months in terms of an imminent amendment to the Act.