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Section 37C of the Pension Funds Act - disposition of death benefits by pension fund organizations
In 1976 section 37C was inserted into the Pension Funds Act1 ('the Act') commencing on 1 August 1976.2 This section regulates the payment of any benefit payable upon the death of a member of a pension fund organization ('pension fund') as defined in section 1 of the Act. Section 37C places a duty on...
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| Format: | Thesis |
| Language: | English |
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Department of Commercial Law
2023
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| _version_ | 1867613222515769344 |
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| access_status_str | Open Access |
| author | Jeram, Naleen Ganpatram Punjiah |
| author2 | Kalula, Evance |
| author_browse | Jeram, Naleen Ganpatram Punjiah Kalula, Evance |
| author_facet | Kalula, Evance Jeram, Naleen Ganpatram Punjiah |
| author_sort | Jeram, Naleen Ganpatram Punjiah |
| collection | Thesis |
| description | In 1976 section 37C was inserted into the Pension Funds Act1 ('the Act') commencing on 1 August 1976.2 This section regulates the payment of any benefit payable upon the death of a member of a pension fund organization ('pension fund') as defined in section 1 of the Act. Section 37C places a duty on the board of management ('the board') to distribute the death benefit. With effect from 19 April 1996, the boards of all pension funds have had to consist of at least four members, and members of the fund have the right to elect at least 50 per cent of the board.3 Section 37C imposes three duties on the board of a pension fund: first, to identify the dependants4 and the nominees of a deceased member; secondly, to effect a distribution amongst the said beneficiaries with reference to the various provisions of the section. Finally, the board must determine an appropriate mode of payment. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/38344 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:32:42.829Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2023 |
| publishDateRange | 2023 |
| publishDateSort | 2023 |
| publisher | Department of Commercial Law |
| publisherStr | Department of Commercial Law |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/38344 Section 37C of the Pension Funds Act - disposition of death benefits by pension fund organizations Jeram, Naleen Ganpatram Punjiah Kalula, Evance Christie, Sarah Law In 1976 section 37C was inserted into the Pension Funds Act1 ('the Act') commencing on 1 August 1976.2 This section regulates the payment of any benefit payable upon the death of a member of a pension fund organization ('pension fund') as defined in section 1 of the Act. Section 37C places a duty on the board of management ('the board') to distribute the death benefit. With effect from 19 April 1996, the boards of all pension funds have had to consist of at least four members, and members of the fund have the right to elect at least 50 per cent of the board.3 Section 37C imposes three duties on the board of a pension fund: first, to identify the dependants4 and the nominees of a deceased member; secondly, to effect a distribution amongst the said beneficiaries with reference to the various provisions of the section. Finally, the board must determine an appropriate mode of payment. 2023-09-02T11:31:30Z 2023-09-02T11:31:30Z 2004 2023-09-02T11:31:11Z Master Thesis Masters Masters http://hdl.handle.net/11427/38344 eng application/pdf Department of Commercial Law Faculty of Law |
| spellingShingle | Law Jeram, Naleen Ganpatram Punjiah Section 37C of the Pension Funds Act - disposition of death benefits by pension fund organizations |
| thesis_degree_str | Master's |
| title | Section 37C of the Pension Funds Act - disposition of death benefits by pension fund organizations |
| title_full | Section 37C of the Pension Funds Act - disposition of death benefits by pension fund organizations |
| title_fullStr | Section 37C of the Pension Funds Act - disposition of death benefits by pension fund organizations |
| title_full_unstemmed | Section 37C of the Pension Funds Act - disposition of death benefits by pension fund organizations |
| title_short | Section 37C of the Pension Funds Act - disposition of death benefits by pension fund organizations |
| title_sort | section 37c of the pension funds act disposition of death benefits by pension fund organizations |
| topic | Law |
| url | http://hdl.handle.net/11427/38344 |
| work_keys_str_mv | AT jeramnaleenganpatrampunjiah section37cofthepensionfundsactdispositionofdeathbenefitsbypensionfundorganizations |