HomeAnnuitiesThe GEPF formula for calculating payouts

The GEPF formula for calculating payouts

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The Government Employees Pension Fund (GEPF) is a defined benefit fund. This means the pension received by a member has nothing to do with the investment performance of the fund. A member’s pension payout is determined according to the GEPF formula. GEPF members receive a once-off gratuity and a recurring annuity income, with the amounts […]

The post The GEPF formula for calculating payouts appeared first on Maya on Money.

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