A man lost his bid for a R152,000 death benefit after a tribunal found his complaint was lodged more than a decade too late.
A man has lost his bid to recover a death benefit of more than R152,000 linked to his late mother's provident fund after the Financial Services Tribunal found that his complaint was lodged years too late.
The tribunal dismissed Simon Khoza's application for reconsideration of a Pension Funds Adjudicator decision that had refused to investigate his complaint concerning his mother's pension benefit.
Khoza's mother had left her employment in August 2006 and died in July 2007.
According to the ruling, a representative of her former employer had indicated that she had held Group Life Cover and a provident fund that attracted a death benefit. The representative allegedly undertook to assist the family in obtaining payment, but Khoza said this assistance never materialised.
