In the unfortunate event of a member's passing before age 70, our Fund provides comprehensive death benefits. These benefits consist of four times the annual salary of the deceased member, combined with the total retirement benefit they have accumulated up to the date of their death. Your death benefit will earn interest at the same rate as your Fund balance until it is paid to your family or nominees.

An affidavit must be provided to your payroll office to confirm a life partnership or same-gender marriage.

Who receives my death benefit?

Your benefit will become payable to your dependents and nominees on your death. 

For your Fund benefit, the Section 37C Committee appointed by the Board of the Fund will consider your Family Register Form and the requirements of the Pension Funds Act when distributing your death benefit. No payments will be made prior to the Committee’s approval. To make this process as easy as possible, they need as much information about all your dependents and nominees as you can provide.  You do this by completing your Family Register form.

Who are my beneficiaries?

Your beneficiaries can be divided into two groups:

 
Who do I list on my forms?

The Section 37C Committee of the Board of the Fund has to ensure by law that all your financial dependents are first taken care of before any money is paid to your nominees. Financial dependents include any illegitimate children, adopted children, and any spouses.

When you have children or a spouse or have people (including children) who are financially dependent on you, they should be nominated as beneficiaries on your Family Register Forms. The Administrator first has to trace all your dependents, and listing them on your forms makes this process easier for the Administrator.

What happens if I have no dependents?

You still need to complete the Family Register Forms. You will therefore not list any dependents on the form:

only nominees. Your Family Register Forms is the tool available to you to provide them with this information. 

How will my benefit be distributed?

Section 37C of the Pension Funds Act governs the distribution and payment of lump sum benefits at the death of a member. The benefits should be distributed as follows:

• To financial dependents; or
• Dependents and nominees; or
• If there are no dependents, to nominees; (but any deficit in your estate first has to be settled); o
• If there are no dependents or nominees, to your estate.

Our lives are constantly changing. Did you get married or have any children since you joined the Hospitality and General Provident Fund? Perhaps you adopted a child or now have a person who is financially dependent on you who was not when you initially joined? Maybe you have lost a child or a spouse or got divorced since becoming a member?

If your circumstances change and you have new dependents (getting married, a financially dependent parent, or another child), you must list them on your Family Register forms as beneficiaries.

Please be sure to complete a Family Register form for all your benefits, and update these annually when you receive them, to ensure that the benefit is paid out as quickly as possible.

Click here to download the Family Register form.