Unclaimed pension fund benefits amount to a whole lot of money which is sitting in the coffers of the Insurance companies awaiting distribution and you could be one of the lucky ones who is able to collect.
Here is the process to follow in order to make a claim for unlaimed benefits.
See the screen grab below for the information you will need to make the queries.
If you or anyone in your family has been with a few different companies over the years and contributions to a pension or retirement fund were made, it is well worth using the FSB’s unclaimed benefit search to see if any benefits are owing.
The worrying thing about the fact that there are R millions of unclaimed benefits is that it appears very little effort is going into attempting to find these beneficiaries or the beneficiaries of their estates.
In most cases, the owner of the benefit has died and the company does not know how or where to contact the family members. The families of these policy owners are legally entitled to this money.
The search of the unclaimed pension benefits database is a simple search which can either be dione by fund name or by beneficiary name. I suggest that use the simplest form of the unclaimed benefit search by simply entering the surname and scrolling through the list as the Initial convention used in the database is not uniform, some are displayed as G.C or G.C. or GC, you get the idea.
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UPDATED November 2020
Search the FSCA Unclaimed pension benefits database.
You are able to search for your own unclaimed benefits, as well as a family member or friend that has given you permission to search on their behalf.
Below is a creen grad showing the information required to do the search on the database.
If you do find unclaimed pension benefits from any fund, the search results will display the fund name, the contact details(in most cases) and the person to contact.
If the pension benefits show a company that you are not aware of familiar with, give them a call anyway, you never know, there may be a significant amount of money that you or the family are legally entitled to in the form of unclaimed pension benefits.
Unclaimed benefits are estimated to be in the R billions and will likely be forfeited to some fund or other under the Governments control after a defined number of years. There is much debate about what should happen with these unclaimed benefits and in light of the many discussion documents and proposals around the use of pension funds ho help restart the economy, you can imagine the temptation to get their hands on this enormous amount of money.
Perhaps it is a viable option for The ANC to use some of the much older unclaimed benefits and then to put some sort of contingency fund in place to cover a percentage of what may be clkaimed based on the past 10 years experience of tracking down relatives of those with unclaimed benefits.
Related posts:
How to be sure you are not being scammed by an unclaimed benefit tracing agent
How to Claim your portion of unclaimed benefits from your pension fund
What to do if your employer has not been paying over your pension fund/retirement contributions
Data Factory Unclaimed Benefits Claim Assistance
Good afternoon, I wish to check if there is any outstanding pension money due to me.
I worked for Goldfields, ERPM,Mintek and Harmony mines up to 2010.
ID: 6202105283085
It was since 1976 when my Father wend home with south African Railway Pension Braamfontein .it was Revised he didnt collect it his Name was Rafolatsane Piet
please check my pension fund or surplus i worked at the industrial company for 25 years but i did not receive anything ID NO 480909 04840080
CELL NO. 0814599814
My father worked for sol platjie municipality for 30 years,so after his passing they just stopped his pension, just wanted to know what happened to his money course he never took all of his money
Unclaimed retirement fund of the late SS Manana
Would like to know if there is any unclaimed benefits for me worked for Pep stores and Acekrrmans
UNCLAIMED BENEFIT FOR MBUYISA ENOCK MSINDISENI 561124 5656 086
063 1356 919
I want to claim my father’s pension fund he worked at cullinan mine from 1957 to 1985 he retired because of illness
Please check a pension fund for my late father. He worked for a company called Transvaal Box now is called Numpark for 16 years and he did not recieve anything { between 1961 to 1976}
ID NO: 2711285451084
Old ID: 558416
MY CONTACT NUMBER: 071 534 5978 \ 011 615 1616
Please check a pension fund for my late Father. He worked for a company called Transvaal Box\ Numpark for 16 years and he did not recieve anything between { 1961 to 1976}
ID NO: 2711285451084
Old ID Number: 558416
My Contact Number: 071 534 5978 \ 011 615 1616
My grandfather worked for South Africa railway in 1970s n he died in late 1988 or 1989 while still working n his children my uncles didn’t receive a cent in his benefits
I was working for Metro rail Pretoria station fbb429h I’d nom.6405155234086 didn’t get pension or uif don’t no where to apply I am staying no in Upington.please help me
I would like to do follow up regarding my unclaimed funds
Hi my name fagmieda Adams need to claim surplus on behalf my late father worked at the blue train Transnet for many years did not claim
Please check my unpaid moneys status
BJJH van Dyk
ID 5203015158087
I’m H.J.Nkosi.
I worked at Eskom from 1980 to 1987,the company opened the package system but the pension was left out.
After some years, there were the Eskom forms for the Ex Eskom employees to be filled in and submitted at Witbank Eskom Park for the claims,till now nothing received yet by the poor colleagues.