Good news for Venda pension beneficiaries
FINANCE Minister Malusi Gigaba has undertaken to pay pensioners from the former Venda Pension Fund their monies owed by the erstwhile government of Venda.
This followed an investigation by Public Protector Busisiwe Mkhwebane.
Public Protector spokesperson Cleo Mosana said following their meeting with Gigaba, his deputy Sifiso Buthelezi and National Treasury director-general Dondo Mogajane they had agreed that the beneficiaries would be paid in November.
Mkhwebane has promised she will monitor the implementation plan of the finance minister.
Gigaba’s spokesperson, Mayibuye Tshwete, could not be reached for comment yesterday.
Mosana said the complainants were present when they met with Gigaba and his team, and expressed disappointment in the manner they were treated over their monies.
Former public protector Thuli Madonsela launched the investigation into the matter in 2011 and released a report in which she ordered the Minister of Finance and the Treasury to settle the matter.
However, this was not done and Mkhwebane in January asked for the implementation of the remedial action.
Some of the pensioners were now destitute and others relied on old-age grants to survive.
The former workers lost their money during the merger of various retirement schemes of the former homeland governments with South Africa.
It was reported a few months ago that the Treasury was concerned that the payment of the monies would open the floodgates to other claims.
However, Mkhwebane has insisted that the government must pay the former employees of the ex-Venda homeland government. The Treasury now has four months to settle the matter.