In partnership with
Loading...

Leaving job due to illness

Apr 24 2017 17:50
Carin Smith

A Fin24 user wants to know what he might get paid out when leaving his job due to illness. He writes:

I worked for a company for five years and left due illness.

I received R3 000 from my provident fund.

I want to know if there is anything else I will get?

Labour lawyer Michael Bagraim of Bagraims Attorneys responds:

If one leaves a company after many years due to illness, the only payment you would expect is the pay out of the provident fund.

There are no other monies that you will get other than an outstanding salary payment and any leave that is owing to you.

Many companies have a “boarding” procedure in their provident or pension fund.

This would be accessible if the doctors of the fund agree with your medical doctors that you cannot work any longer.

This is obviously the most acceptable way to leave the company as you receive a certain amount of your salary during your illness until you actually officially retire.

One needs to read the rules and regulations of your particular provident fund as each provident fund differs from the next.

Disclaimer: Fin24 cannot be held liable for any investment decisions made based on the advice given by independent financial service providers. Under the ECT Act and to the fullest extent possible under the applicable law, Fin24 disclaims all responsibility or liability for any damages whatsoever resulting from the use of this site in any manner.

Read Fin24's top stories trending on Twitter:

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

retirement  |  money

NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The SARB’s Monetary Policy Committee will decide on the next move in interest rates tomorrow will they?

Previous results · Suggest a vote

Loading...