If my company pays for my medical aid (or a portion thereof), and I am retrenched or made redundant, or I retire, will my scheme terminate my membership?

February 15, 2016

If you are a member of a closed scheme, then your membership will be terminated if you are retrenched or made redundant. However, it will remain in place if you retire. If you are a member of an open scheme, your membership will not be terminated if you continue to pay your contributions in full.