Has compiled the advice below for members of pension funds.
termination of employment.
The board of trustees of a fund is responsible for the control and management of the fund which they must do in accordance with the Pension Funds Act. The control and management of a fund includes the control and management of fund assets. The board of an occupational fund, responsible for fund management, should, in terms of the PFA, be made up of 50% of member-elected and 50% employer-appointed trustees.