Major or minor dependent or nominated beneficiaries of deceased members who participated in a pension fund, may be obliged by the relevant fund rules or legislation to receive a portion of the death benefit in the form of a monthly pension.

The Benchmark Retirement Fund allows those beneficiaries to receive their monthly pension by investing in a stable investment portfolio and by selecting an income level in relation to the needs of the major or minor beneficiary.

Beneficiaries of members who participated in funds other than the Benchmark Retirement Fund can also use this product.

Find out about more Benchmark products here...