Fund Costs
Our Fund Costs are structured to ensure transparency and value, reflecting our commitment to responsible financial management for our members. Our Fund Benefit Package is structured as follows:
| Fund Costs | |
| The Fund Benefit Package of : (Percentages are of Fund Salary) | |
| 1. RISK COVER (till Age 65): | |
| a. Death Cover | = 2.891% |
| b. Permanent Disability | = 1.433% |
| c. Temporary Income Protector | = 0.168 % |
| = 4.492% + | |
| 2. ADMINISTRATION FEE | = 0.95% |
| 3. COMMISSION DEDUCTION | = 0.124% |
| 4. FUNERAL | = R79.75 |
| 5. OTHER FUND COSTS ON A PRO RATA BASIS | |
| These costs are deducted from the employer contributions, and the net invested | |
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Telephone: 011 838 3751
Email: info@hgpf.co.za
Borwa House:
No 3 Anderson Street,
Ferreira’s Dorp,
Marshalltown,
Johannesburg
