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All you want to know
about the...
EPF
Annuity Scheme
Annuity
Payment - how long will it last?
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Firstly, in the event of death before age 55: In Scheme A, the
nominee/beneficiary will receive monthly annuity for the duration of 10
years effective from date of death.
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Secondly, in the event of Total
Permanent Disability before age 55: In Scheme A, members will receive
monthly annuity for as long as the member is still alive for whole life
effective from the confirmation date of total permanent disability. If
during this period the member passed away, then the nominee/beneficiary will
receive balance for the 10 years duration from the confirmation date of
total permanent disability, provided the annuity payment had not been paid
for more than 10 years.
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Thirdly, in the event of death after age
55: The nominee/beneficiary will receive monthly annuity for the balance
of 10 years guaranteed duration from the date of effective of annuity
payment.
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