Survivors' Benefits

On the death of a member before or after the retirement age, any accrued benefit of the member devolves on the member’s nominated beneficiaries, and in the absence of a nominated beneficiary, in accordance with the applicable laws of Ghana.

Beneficiaries are also paid a life insurance bonus on account of the life insurance deduction from every contribution. The life insurance bonus is a double of a members’ contribution in the year preceding his/her death.