Fund Administrator

at  Eskom Pension and Provident Fund

Bryanston, Gauteng, South Africa -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate09 Jul, 2024Not Specified09 Apr, 20242 year(s) or aboveTrainingNoNo
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Description:

MAINTAIN MEMBER/PENSIONER SYSTEMS DATA

  • Prepare member data, according to standard procedure and submit to Home Affairs Department with a request for verification of member and pensioner existence.
  • Identify invalid records and refer for verification, requesting additional information from member
  • Send standard letters to the families of the ‘deceased’ pensioner for death certificate.
  • Check completeness of Evidence of Survival Forms (EOS) and request outstanding information.
  • Capture EOS information on system in terms of standard procedure.
  • Prepare for reinstatement of suspended pensions, according to policy and procedure.
  • Update, process and verify members’ and pensioners’ personal details e.g. bank details, contact details, personal details, deductions, and request outstanding members’ documentation.
  • Transfer in from other Funds, form completion, follow up and workflow entry on the member’s record.

TECHNICAL COMPETENCY REQUIREMENTS

  • Basic knowledge of Pension Funds Act
  • Knowledge of Pension Funds Rules
  • Basic knowledge of tax legislation applicable to pension payouts
  • Knowledge of Benefits Formulae
  • Familiarity with Divorce Act & associated Pension Fund Legislation

REQUIRED MINIMUM EDUCATION/TRAINING

  • Relevant Diploma

REQUIRED MINIMUM WORK EXPERIENCE

  • 2 years job-related experience
  • Retirement Fund industry knowledge is advantageous.

Responsibilities:

Please refer the Job description for details


REQUIREMENT SUMMARY

Min:2.0Max:7.0 year(s)

Financial Services

Banking / Insurance

Finance

Graduate

Proficient

1

Bryanston, Gauteng, South Africa