Many retirees don’t even know! If you do this you can get double promotions

//

Lerato Khumalo

Pensioner news and pensioner promotion news are among the current news. A pensioner who receives a pension and a widow’s pension from two different banks can request a separate promotion for each payment.

Thus, a retiree is entitled to a double promotion payment. However, for those who prefer to receive their salaries from the same bank, the promotion payment amount may be lower because it is calculated according to the total salary bracket.

Therefore, in order to fully benefit from double promotion rights, it is necessary to be careful when choosing a bank.

Some retired citizens may qualify for double promotion. Anyone who provides these important details will qualify for double promotion.

If a retired citizen receives both his/her salary and widow’s pension due to the death of his/her spouse, he/she can receive double the promotion.

However, to benefit from this opportunity, certain terms and conditions must be met. Here are the details…

RETIREMENT PENSION AND WIDOW PENSION INFORMATION

In case of death of the insured, a pension is paid to his/her spouse if the insurance period is sufficient.