Statutory Bodies Pension Funds Act

consolidated text (as at 2015, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

Later amending instruments held: Finance (Miscellaneous Provisions) Act 2017 (Act No 10 of 2017), Finance (Miscellaneous Provisions) Act 2019 (Act No 13 of 2019), Finance (Miscellaneous Provisions) Act 2020, Finance (Miscellaneous Provisions) Act 2021 (Act No 15 of 2021), Finance (Miscellaneous Provisions) Act 2022 (Act No 15 of 2022), Finance (Miscellaneous Provisions) Act 2023 (Act No 12 of 2023), Finance (Miscellaneous Provisions) Act 2024 (Act No. 11 of 2024), Finance Act 2025 (Act No. 18 of 2025).

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Sections

1. 1 Short title
2. 2 Interpretation
3. 3 Statutory Bodies Pension Funds
4. 3A SICOM to report to statutory body inserted by Act No 10 of 2017
5. 4 Contributions
6. 4A Pension contribution
7. 5 Actuarial investigation
8. 6
9. 7 Pensionable service
10. 8 Amount of pension benefit
11. 9 Grant of pension benefit or gratuity
12. 12
13. 13 Acquired rights
14. 13A Past service
15. 14 Transfer of accrued pension rights
16. 15 Gratuity where an officer or pensioner dies
17. 17 Utilisation of assets of Fund in special cases
18. 17A Overpayment made to pensioner
19. 18 Exemption from taxes or duties
20. 19 Pension scheme under other enactment
21. 19A Contribution to individual account
22. 19B Benefits of participants leaving the service or on dismissal
23. 19C Payment of benefits and costs
24. 20 Regulations