The Constitutional Court disallowed the employer’s appeal and upheld the judgment of the high court after leave to appeal to the SCA was refused. CC summary: Pension — Pension fund rule — Jurisdiction — Reconsideration...
Read MoreThe High Court refused to allow the erstwhile employer the right of access to the pension fund benefits of two employees, who were alleged to have defrauded it. Mali AJ held that the employer had failed to prove that there was...
Read MoreSouth African Local Authorities Pension Fund v Mthembu (20649/2015) [2015] ZASCA 205 (3 December 2015) per Wallis JA (Mpati P, Shongwe and Tshiqi JJA and Baartman AJA concurring) The Supreme Court of Appeal disallowed the appeal...
Read MoreSasol 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...
Read MoreAs remarked so eloquently by Marais JA in the Tek-matter supra: “… In assessing the financial health of a pension fund an actuary is gazing into the proverbial crystal ball to see what the future will hold. The use of the...
Read MoreThe High Court granted the application under PAJA and set aside a decision of the Appeal Board. The Registrar of Pension Funds rejected the statutory actuarial valuation of the Fund as at 13 September 2007. The Appeal Board...
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