Disability Benefit

Please note that the Disability Income Benefit is not a Fund benefit, but is offered by your Employer. However, information is provided in order to assist members in understanding the benefits offered by the Employer and how these impact on your membership of SuperFund.

Should you become disabled while in the service of Old Mutual, the Disability Income Benefit will serve as a salary replacement (although some conditions apply). While you are receiving a monthly income from the Disability Income Benefit, you will remain a contributing member of OMEGS in SuperFund.

Disability claims occurring after 1 January 2012 will be paid until the normal retirement age (i.e. age 61), should your medical condition require it. However, if you elect to retire early or withdraw from service before your normal retirement age, then disability income payments will cease.
Disability claims occurring prior to 1 January 2012 will be paid until age 55, should your medical condition require it. If you fall in this category, your benefit will cease at age 55, and your retirement benefit will become payable. However, if you elect to retire early or withdraw from service prior to age 55, then disability income payments will cease.

The Disability Income Benefit is calculated differently for Office staff and Field staff.

• Office staff members’ benefits are calculated at 80% of their total guaranteed package (TGP).
• Field staff members’ benefits are calculated at 76.5% of their pensionable earnings (PEAR).

For any further queries on the Disability Income Benefit, please contact the HR Service Centre Team applicable to your Business Unit.