n Without Prejudice - Employers get a square deal : labour law

Volume 10, Issue 6
  • ISSN : 1681-178X



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 (288/09) (2010) ZASCA 63 (May 4 2010).

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