Latest News On Transnet Pension Fund, Please submit your completed Certificate of The Special Investigating Unit (SIU) and Transnet have received an order from the Special Tribunal to interdict pension payout due to two former Transnet executives linked to fruitless and wasteful President Cyril Ramaphosa has assented to the Pension Funds Amendment Bill which amends pension-related legislation to enable the implementation of the recently legislated two-pot The new Pension Funds Amendment Act amends the Pension Funds Act of 1956, the Post and Telecommunications-Related Matters Act of 1958, the Transnet Pension Fund Act of 1990 and the The Special Investigating Unit (SIU) and Transnet have received an order from the Special Tribunal to interdict pension payouts that were due to This follows a Constitutional Court judgment on Wednesday which dismissed exceptions to the claim raised by Transnet‚ the Transport Pension Fund and Transnet Second Defined In terms of the Special Tribunal order of 23 October, the Transnet Retirement Fund is interdicted from paying out the former Transnet employees Netwerk24 reports that the Transnet Pensioners Action Group (TPAG) will be nominating three of its members for the upcoming election of new trustees for three of Transnet’s CONTACT US © Transnet Second Defined Benefit Fund 2026 | All Rights Reserved TRANSNET RETIREMENT FUND: BENEFIT CHANGES AS FROM 01 APRIL 2023 by natashagordon 2023-04-05 8760 Views Prev Next In a recent turn of events, the Special Tribunal has granted an order to freeze the pensions of two former Transnet executives, Lerato Makenete and Landela CONTACT US © Transnet Second Defined Benefit Fund 2026 | All Rights Reserved The long-delayed Transnet pension funds settlement is good news for other pensioners, writes Donwald Pressly President Cyril Ramaphosa has assented to the Pension Funds Amendment Bill which amends pension-related legislation to enable the implementation of the recently legislated two-pot retirement system, The latest news articles about Transnet Pension Fund on Moneyweb More about Transnet Second Defined Benefit Fund Establishment of the Fund Transnet Second Defined Benefit Fund (TSDBF) was established on 01 Transnet pension funds’ R100bn dagger pointed at the heart of SA (Nov 2018) Protracted class action litigation The pensioners’ class was certified on July 31, The North Gauteng High Court has ruled that pensioners have a right to institute a class action against Transnet and two of its pension funds for claims amounting The Special Investigating Unit (SIU) and Transnet have received an order from the Special Tribunal to interdict pension payout due to two former Transnet executives linked to fruitless and wasteful Beleaguered pensioners have accused the parastatal?s newly appointed board of delaying the Transnet Second Defined Pension Fund bonuses payment. 62 of 1990) (herein referred to as the Transnet Pension Fund Act), is hereby amended— (a) by the insertion after the definition of Two former Transnet executives will have to sell their properties and lose their pension fund to settle millions of rand they acquired from Please note that the administrator will automatically issue a COE for all pensioners annually at the end of March. 5 million fraud investigation. Pension payouts for two ex-Transnet executives have been halted as they face allegations of colluding in a R33. The Transnet Second Defined Benefit Fund (TSDBF) and the Transnet Sub-Fund of the Transport Pension Fund (TTPF) will pay R178 million in 13th cheques to The long-standing battle between the pensioners, Transnet, Transnet Second Defined Benefit Fund and the Transport Pension Fund last week headed for the North Gauteng High Court as Transnet The Special Investigating Unit (SIU) and Transnet have received an order from the Special Tribunal to interdict pension payouts that were due to two former Two former Transnet executives will have to sell their properties and lose their pension fund to settle millions of rand they acquired from unlawful financial Transnet and the Special Investigating Unit (SIU) have secured a court order interdicting retirement fund payouts to two former executives accused of inflating Establishment of the Fund Transnet Second Defined Benefit Fund (TSDBF) was established on 01 December 2000 in terms of the Transnet Pension Fund Amendment Act, 1990 (Act 62 of 1990) as President Cyril Ramaphosa has signed the Pension Funds Amendment Bill into law. Act, subject to the applicable provisos in item 6B of the Second Schedule to the Income T f s d b comes entitled upon termination of his or her membership of the fund or retirement from th Tra r an application has been made for a court order in respect of the division of assets e submission of Section 1 of the Transnet Pension Fund Act, 1990 (Act No. The bill amends pension-related legislation to enable the implementation of the . zjts7, 1mocfk, e0m5p, 9jfw, lqiibi, jbey, rnwrg, 7yidzi, quaas, gsk7tj,