Regulatory Alerts2026-07-08
Added
PI-PF-01-2004 – Clarifies the position of the Dependents Members
Pension funds must actively trace dependants for at least twelve months after a pensioner's death if benefits remain available in the fund, in accordance with section 37C of the Pension Funds Act, 1956. Funds are required to amend their rules to include provisions for dependants on or before 31 July 2004, although immediate compliance with section 37C duties is mandatory. Failure to trace dependants may result in the cancellation of fund approval and trustee liability.
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