n Without Prejudice - Employers get a square deal : labour law
|Article Title||Employers get a square deal : labour law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Jul 2010|
|Keyword(s)||Cliffe Dekker Hofmeyr|
Don't blame the employer if the allocation of (the remainder of) the actuarial surplus of a pension fund may have been inequitable between the participants and the employer now wants to transfer his fair share from a reserve account to the employer surplus account. This is the ruling of the Supreme Court of Appeal in its latest judgement on the issue in Registrar of Pension Funds v ICS Pension Fund (288/09) (2010) ZASCA 63 (May 4 2010).
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