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Don’t let the jargon get you!

ICOD & ICOS A simple explanation These acronyms stand for (I)n (C)ase (O)f (D)eath and (I)n (C)ase (O)f (S)ickness, and point us to important information that will greatly assist with understanding, preparing for and anticipating a myriad of potential scenarios,...

The down-side financial reality faced by Pensioners

Times change is a well-worn cliché that is very often becomes tragically real all of a sudden to people that have reached the depths of having finally having to face the fact that their dignity is impaired by financial realities outside of their control. Fact of the...

Spend Wisely campaign

The government is currently running a Spend Wisely campaign and have asked for information to be distributed widely. Do you have any ‘spend wisely’ tips particularly for senior citizens? Let us know in the comments below. No matter how little or how much money you...

Intestate Succession

INTRODUCTION Whenever a deceased person leaves assets which has not been disposed of by a valid will, it must be distributed, if the estate is solvent, according to the relevant laws of intestate succession. A person may die partly testate and partly intestate, as for...

Transnet Pensioners Action Group

For many years SAARP has been pursuing Transnet to try and obtain financial relief for the embattled Transnet pensioners who are in dire financial straits. The only success that we have received to date is to obtain pensioner representation on both the pension fund...

New SAARP products

We are happy to advise that we have obtained two new insurance products for our members: PERSONAL ACCIDENT CARE Provides accidental death and disability cover of R100000 to all persons up to the age of 80 years for injuries sustained in an accident. Policy includes...

SAARP Ultimate Protection Plan

With the ever increasing costs of medical scheme contributions many members are deciding to stop their medical scheme membership and cover their medical costs themselves. To assist members we have now obtained an insurance cover that may be of some assistance to them....

Retiring in South Africa – the bell rings

by Paul Rosenbrock Retirement has such a nice ring to it – doesn’t it? Ding Dong – wake up, because for many it is merely a pipedream and will never be realised, because there is this total absence of planning or a very, very bad case of the ostrich syndrome. How do...