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Regulatory Law

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Fund ordered to recalculate pension benefit after retiree wins R2.53 million retirement dispute

By Kennedy MudzuliJuly 27, 20266 Mins Read

The Pension Funds Adjudicator has ordered the ZF of South Africa Pension and Group Life Assurance Fund to recalculate a retiree’s pension benefit after finding its lump sum conversion did not secure the pension guaranteed under the fund’s rules.

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