Your Retrenchment Exit Checklist

Print this. Take it to your HR meeting. Don't leave your employer's office without every item ticked.

A — Documents to collect from your employer

  • Certificate of Service
  • UI-19 form (completed by employer — verify the termination code: Code 11 for retrenched, Code 16 for VSP)
  • Final Payslip (showing all deductions and payments)
  • Pension / Provident Fund Withdrawal or Transfer Forms
  • VSP Agreement (if applicable)
  • SARS Tax Directive (request a copy from your employer / fund)
  • Letter of Retrenchment (on company letterhead)
  • Confirmation of medical aid termination date
  • Group life and disability cover details (conversion option contact)

B — Actions to take immediately

  • Register at your nearest Labour Centre for UIF (within 6 months)
  • Get financial advice BEFORE accepting any package or cashing out your fund
  • Check your medical aid status and conversion window (typically 30 days)
  • Check your group life conversion option (typically 60 days)
  • Update beneficiary nominations on all replacement policies
  • Contact your home loan / car finance / credit card providers about retrenchment cover
  • Review your Will and estate plan

C — Contact your financial adviser

  • Call or WhatsApp Lee before making irreversible decisions
  • Request your free Tax & Portfolio Snapshot
This site provides general financial guidance. Tax rules, fund regulations, and policy terms vary by individual circumstances and change over time. Always speak to your financial adviser before making any financial decision.