Z102 Form PDF Details

Are you overwhelmed by paperwork when starting a new business? The Z102 form is an important document to complete when starting a business, but it can be confusing to know where to start. This guide will help you understand the basics of the Z102 form so that you can complete it easily and accurately. Keep in mind that this is not a comprehensive guide and you should always consult with an accountant or lawyer for specific questions about your business. With that said, let's get started!

QuestionAnswer
Form NameZ102 Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesACB, PERSAL, 1989, z280 form pdf

Form Preview Example

National Treasury – Pensions AdministrationValidation of Documentation Required

Withdrawal of a Member - Resignation - Z102

#

Forms and Attachments Required

 

Reason for Resignation

 

Refer to the rules of the GEP Act:

 

 

 

 

 

14.4.1(a): Benefits paid into own bank account

 

VOLUNTARY RESIGNATION

DISCHARGE- MISCONDUCT.

DISCHARGE- HEALTHILL(Own Accord)

 

14.4.1(b): Actuarial transfer to an approved

 

 

 

 

 

 

 

external retirement fund

 

 

 

 

 

 

 

 

 

 

 

Tick type of transaction and missing attachment(s) ►

 

 

 

 

 

 

 

 

 

 

1.

Duly completed Withdrawal from Fund Form (Z102).

 

Attached

Attached

Attached

 

 

 

 

 

 

 

 

 

Missing

Missing

Missing

 

 

 

Data

Data

Data

2.

An originally certified copy of an ID (must be bar-coded) or

 

Attached

Attached

Attached

 

Passport of the member – exceptions as per ID Policy.

 

 

 

 

 

 

Missing

Missing

Missing

 

 

 

 

 

 

 

 

 

3.

Proof of termination of service is required such as a printout of

 

Attached

Attached

Attached

 

the Service Termination or Service Record from PERSAL

 

 

 

 

 

stating the Payroll No (PERSAL No), Withdrawal reason,

 

 

 

 

 

 

 

 

 

 

Withdrawal date, Salary level and notch on the last day of

 

Missing

Missing

Missing

 

service of the member.

 

 

 

 

4.

Conditional: For when the surname of the person is different

 

Attached

Attached

Attached

 

to the surname on the ID, Passport or Death Certificate

 

 

 

 

 

 

Missing

Missing

Missing

 

documents, a letter from the Department of Home Affairs or

 

 

Full Birth Certificate of a child is required to confirm the

 

 

 

 

 

 

N/A

N/A

N/A

 

surname.

 

 

 

 

 

 

5.

Duly completed ACB Bank Particulars Form (Z894) or for

 

Attached

Attached

Attached

 

actuarial transfer to an approved external retirement fund a

 

 

 

 

 

duly completed Z1525 form with Particulars of approved

 

 

 

 

 

 

 

 

 

 

external retirement fund for transfer of funds.

 

Missing

Missing

Missing

 

 

 

 

 

 

6.

Originally signed GEPF Resignation Choice Form from the

 

Attached

Attached

Attached

 

member where a once-off irrevocable choice is made

 

 

 

 

 

between: Option 1: receiving a once-off gratuity payment; or

 

 

 

 

 

Option 2: transferring the benefit to an approved external

 

Missing

Missing

Missing

 

retirement fund.

 

 

 

 

7.

Copy of a letter of approval for discharge signed by the Head

 

 

Attached

Attached

 

of an office (Department), stating the reason for discharge

 

 

 

 

 

 

 

 

 

 

(Misconduct or Ill-health by own doing), applicable section of

 

 

Missing

Missing

 

the act and date of resignation.

 

 

 

 

 

 

 

8.

Copy of the Resignation Form (like Z280) or Letter of

 

Attached

Attached

Attached

 

 

 

 

 

 

 

 

 

 

 

Resignation.

 

Missing

Missing

Missing

 

 

 

 

 

 

Version 1.04

Guideline Only – Refer to Acts and Regulations

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National Treasury – Pensions AdministrationValidation of Documentation Required

9.

Conditional: For debt deduction: An originally certified copy

Attached

Attached

Attached

 

of a Court Order or Member’s approval in writing for debt due

 

 

 

 

Missing

Missing

Missing

 

to Negligence, Misconduct or Theft as per GEP Law - Section

 

 

 

 

 

 

 

 

21.3(c) or in respect of debt for more than the value of

N/A

N/A

N/A

 

R10,000.

 

 

 

10.

Conditional: Where the member had a previous marriage,

 

 

 

 

an originally certified copy of the former spouse’s ID (must be

Attached

Attached

Attached

 

bar-coded) or Passport, Marriage Certificate, Death

 

 

 

 

Certificate, Settlement Agreement and/or Decree of

 

 

 

 

Divorce are needed. Where payments are due to an ex-

 

 

 

 

spouse, an ACB Bank Particulars Form (Z894) is needed.

Missing

Missing

Missing

 

Divorce Settlement Agreements for the division of pension

 

interest are only effective from 1 August 1989 as per the

 

 

 

 

amendment to the Divorce Act1 and a separate Withdrawal

 

 

 

 

 

 

 

 

from Fund Form (Z102) completed by the employer is

N/A

N/A

N/A

 

needed.

 

 

 

 

 

 

 

 

11.

Conditional: For members with 10 years or more of service a

Attached

Attached

Attached

 

duly completed Updating Personal Particulars of Member

Missing

Missing

Missing

 

Form (Z864).

 

 

 

 

N/A

N/A

N/A

 

 

 

 

 

 

 

12.

An originally certified copy of the member’s final salary

Attached

Attached

Attached

 

advice printed from the payroll system.

Missing

Missing

Missing

 

 

 

 

 

13.

Conditional: For when the Commencement Date (Service

Attached

Attached

Attached

 

Date) is amended, then proof of contributing service is needed

 

 

 

 

in the form of a copy of an appointment advice to the salary

 

 

 

 

Missing

Missing

Missing

 

department, salary / leave record, staff record, pay slips, or

 

IRP 5 tax certificates for the applicable years. A duly

 

 

 

 

 

 

 

 

completed Membership Update Form (Z125) is also

N/A

N/A

N/A

 

required.

 

 

 

1In 1989 the Divorce Act was amended to provide for the definition of pension interest in respect of pension- and retirement funds. Accordingly a portion of the pension interest may be awarded to an ex- spouse.

Version 1.04

Guideline Only – Refer to Acts and Regulations

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