n Without Prejudice - Criminally liable? : company law
|Article Title||Criminally liable? : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||May 2014|
|Pages||21 - 22|
The interests of the members of a retirement fund can be highly compromised if the participating employer fails to pay contributions to the fund in which they participate. Not only does the withholding of contributions constitute a breach of the employment contract, but the member also forfeits the interest that could be earned on that money and the employees' risk cover could lapse.
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