Group Life Assurance
A group life assurance scheme, underwritten by Capital Alliance, has been set up for the benefit of staff members. The provisions of the scheme, subject to occasional amendment, are available via the link below. Further information may be obtained from the Human Resources Department.
The University of Cape Town Retirement Fund (UCTRF) allows permanent members and members whose contracts started on or after 1 July 2017, life cover of up to seven times their Deemed Pensionable Amount (DPA). Of this, six times DPA is provided for in the rules of the UCTRF and one times DPA is provided in terms of a separate group life policy issued to UCT. Contract staff who joined UCT prior to 1 July 2017 and who are eligible for UCTRF membership, have cover of three times DPA from the separate group life policy.
UCTRF Members have the option to increase or decrease this cover at specified times. For additional information, see: UCT Retirement fund - Death benefits
Page last updated: 27 March 2018