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Withholding of pension funds benefits under the South African Law

Thesis (LLM. (Labour Law)) -- University of Limpopo, 2013 / This study will analyse section 37D of the Pension Funds Act, 24 of 1956. The
analysis will also give insight to pension benefits, and how they are afforded special
protection by the legislature. Section 37A (1) prohibits the reduction, transfer,
cession, pledge or hypothecation of pension benefits. In terms of the Act if a member
becomes insolvent, pension benefits are deemed not to form part of the insolvent
estate and are thereby protected from erosion by creditors. Section 37C of the Act
deems pension benefits payable on the death of a member, subject to certain
exceptions, not to form part of the assets of the estate of the deceased member.
Section 19 of the Act also serves to protect pension benefits by restricting the
manner in which a fund’s assets may be invested.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:ul/oai:ulspace.ul.ac.za:10386/1027
Date January 2013
CreatorsSeakamela, Mmopa Queen
ContributorsNevondwe, L. T.
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeThesis
Format69 leaves
RelationAdobe acrobat reader, version 6

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