The above benefit will be taxed as per the Income Tax Act of South Africa. A funeral benefit is payable from the Fund in the event of death a Member, Spouse or children.
For children not using the deceased surname:
|Spouse||R40 000||Children aged 14 to 25 (for children aged 22 – 25
proof of study is required)
|Children aged 6 – 13 years||R25 000|
|Children aged 1 – 5 years||R15 000||Children younger than 1||R15 000|
Summary of claims process :
The claims process::