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Court ruling affirms pension fund's duty to trace dependents after a member's death
The South African Supreme Court of Appeal has ruled that pension funds have a 12-month period from the date they learn of a member's death to trace dependents and pay out benefits, ensuring that dependents are not overlooked.
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Court ruling affirms pension fund's duty to trace dependents after a member's death
The South African Supreme Court of Appeal has ruled that pension funds have a 12-month period from the date they learn of a member's death to trace dependents and pay out…
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SCA clarifies 12-month period for tracing dependants in retirement fund cases
The Supreme Court of Appeal has upheld a ruling clarifying that retirement funds have 12 months from the date of awareness of a member's death to trace dependants and distribute…