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TOTAL CLAIMS PAID – FOR THE PAST 4 YEARS

YEARPENSION FUNDPROVIDENT FUNDTOTAL PAID
2021R24 689 854,38R6 521 580,48R31 211 434,86
2022R54 462 728,21R9 108 315,45R63 571 043,66
2023R25 111 237,73R3 819 678,64R28 930 916,37
2024R30 588 319,18R2 992 247,91R33 580 567,09

Recent Achievements

    • Claim Payments since inception to date = 17500 @ R315M (June 2025)

Challenges

  • Poor quality data making tracing former member very difficult. 
  • Ageing membership resulting in many cases to be subjected to Section 37C of the Pension Fund Act.
  • Former members and beneficiaries are located in rural areas making access to technology complicated and lack of money to be able to obtain necessary documentation for claim payments