PENSIONERS
Sentinel follows a liability-driven investment strategy and performs an asset liability modelling (ALM) exercise at least every 18 months in support of its goal of providing with profit sustainable guaranteed pensions that target minimum annual increases at 80% of CPI.
Although the Fund targets 80% of CPI as at 30 June every year as a minimum pension increase, this increase percentage cannot be guaranteed as the overarching responsibility of the Fund is to ensure that the pensioner reserve remains sustainable and solvent over the longer term and that pensions can indeed be paid for the life of the pensioner and, if applicable, the surviving spouse thereafter.
The Fund may also award an annual discretionary bonus payment to pensioners should the funding level of the pensioner reserve allow for this.
Pensioners who elect a Flexible Pension (living annuity type pension), do not receive annual pension increases or any discretionary bonus payments on the value of their Flexible Pensions.
Please
REMEMBER
- To notify the Fund if your marital status changes or if your spouse predeceases you.
- To update your nomination form if your dependents or wishes change.
- To notify the Fund if your contact details (address, telephone number, etc.) change.
- To quote your identity number (participant number or PF number can also be used), initials, surname and signature on all written correspondence with the Fund.
ACCESS TO YOUR
FUND AFFAIRS
Whenever it suits you!
To access your communication, Payslips, IRP5’s, Annual Benefit Statements, and regular fund updates electronically, please register on the Sentinel secure portal!
Newsroom
PENSIONER INFORMATION AND DOCUMENTS
Access more pensioner information and documentation in our Repository with the links below.
