Category: Pension & retirement funds

Staying execution sale: Final or interim relief

SA Municipal Workers’ Union National Provident Fund v Kopanong Local Municipality    Staying execution sale was intended to be an interim order and the high court had no power to effectively create a contract for the parties...

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Collateral challenge: Amended pension fund rule

South African Local Authorities Pension Fund v Msunduzi Municipality (994/2013) [2015] ZASCA 172 (26 November 2015) per Lewis JA (Ponnan, Theron, Willis and Mathopo JJA concurring) The Supreme Court of Appeal disallowed the...

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Pension fund transfer: Assets and liabilities

Sasol Ltd v Chemical Industries National Provident Fund (CINPF) (20612/2014) [2015] ZASCA 113 (7 September 2015) per Gorven AJA (Mpati P, Cachalia and Mhlantla JJA and Baartman AJA concurring). The Supreme Court of Appeal...

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Proper interpretation approach: One unitary exercise

Natal Joint Municipal Pension Fund v Endumeni MunicipalityProper interpretation approach was stated clearly by the SCA and gave effect to the ’emerging trend in statutory construction’ and to the interpretation of...

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