AMOUNT OF BENEFIT
Group Life Assurance = As per the scale below – based on final salary
The amount payable to the beneficiaries in the event of the death of a member is cash lump sum calculated as a multiple of the deceased member’s salary in accordance with the following table plus his/her accumulated credit / resignation benefit.
| Age | Multiple of Salary |
| > 16 – <24 | 6 |
| >25 – < 34 | 4.5 |
| >35 – <44 | 3.5 |
| >45 – <54 | 3.25 |
| <55 – <65 | 3.10 |
PLUS
- The Withdrawal Benefit
- The Funeral Benefit
- The Family Support