Regular Payments Administration

Maintenance of annuitant details

Maintenance of bank account details, tax details, deductions, etc. for retired members for whom the pension is paid from the product.

 

Processing of recurring annuity payments

Processing of regular annuity payments including the production of payment schedules for the annuity payments and deductions, the calculation and deduction of tax, and the production of payslips.

 

Disinvestment from members' investments to cover annuity payments for Living Annuities.

 

Production and processing of certificates of existence and the production of tax certificates.