Provident Fund News Updates

Latest Provident Fund news headlines.
Find List of Provident Fund Trends 2024 from various News Websites / Blog / Articles
 

Pension Funds Adjudicator can help with unpaid pension contributions

Members whose employers do not pay contributions to the pension fund have recourse to the Pension Funds Adjudicator, who can order employers to pay a member the benefits they are due, and this order can be executed by a sheriff of the court, accor
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27 Apr 2024

'Many reasons to celebrate despite setbacks and mistakes'

Fikile Mbalula ON April 27, 1994, the day that changed South Africa, I had turned 23 years a few weeks earlier. My generation however, forced by the realities of apartheid, were involved in politics from a young age. As we look back at the
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27 Apr 2024

SA owned e-hailing App Shesha launches in Sandton

A South African owned e-hailing App, Shesha has been launched in Sandton, Johannesburg. The service will start operating on the first of May. It is a collaboration between the minibus taxi industry and e-hailing operators. Shesh
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18 Apr 2024

Fix county pension woes

Public service retirees are staring at a bleak future with no financial security after they leave employment. They will be off the payrolls in the 47 counties and will struggle to make ends meet as it is highly unlikely that they will receive
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15 Apr 2024

PFA dismisses woman's claim to R21m death benefit

The Pension Funds Adjudicator Muvhango Lukhaimane has dismissed a claim of a death benefit worth R21 million due to her signing a cohabitation agreement which shows that the parties agreed that there would be no sharing of pension benefits.
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13 Apr 2024

Crisis as counties' pension dues hit Sh90bn

What you need to know: Sunset years for those leaving public service bleak as amount of money yet to be remitted grows daily. NSSF debt comprises Sh2.7 billion from devolved units and Sh18 billion from defunct local authorities,
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13 Apr 2024

Life partner of businessman loses out on R21 million death benefit

Even if you qualify as someones legal dependant, it does not automatically give you the right to receive a portion of that persons death benefit, the Pension Funds Adjudicator said in a ruling this week. A woman who was the life partner
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12 Apr 2024

More than R230 million paid to ex-mineworkers: Dr Dhlomo

Deputy Minister of Health Dr Sibongiseni Dhlomo says more than R230 million has been paid to ex-mineworkers who were injured or have contracted respiratory-related illnesses on duty. Deputy Minister Dhlomo led an outreach program at Westvaal Hosp
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28 Feb 2024

SA investment professional in fake qualifications storm quits senior role in industry body

Langalezwe Madonko, the central figure in a fake qualification controversy at private equity company Summit Africa, has resigned from his senior position at a black industry body. Madonko, the co-founder and investment principal Summit A
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26 Feb 2024

Hawks swoop on 10 family members implicated in R11 million theft, fraud and money laundering

Ten family members have appeared before the Nelspruit Magistrates Court, in Mpumalanga, facing charges of fraud, theft and money laundering.Their case has been placed back on the court roll by the Nelspruit Directorate for Priority Crime In
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22 Feb 2024