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Section 5: Actuarial investigation

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.

5. Actuarial investigation The Company shall, at intervals of not more than 5 years, cause an actuarial investigation into every Fund and, in the light of the actuarial report, shall determine what readjustments or modifications, if any, in the working of the Fund are necessary in the interest of beneficiaries, and the statutory body shall comply with the recommendations made by the actuary with effect from the date on which the recommendations are notified to SICOM. [S. 5 amended by Act 6 of 1989.]

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