The municipality was listed as a defaulter by the Financial Sector Conduct Authority for violating the Pension Funds Act of 1956.
Moses Kotane Municipality has denied that it was not sending its councillors’ pension money to the relevant authority to ensure their pension benefits are safe for retirement.
“As required by applicable laws and governance norms, the Municipality continues to adhere strictly to its financial and legal commitments,” Lekgethwane said. A concerned councillor, who preferred to remain anonymous for fear of victimisation, blamed the municipal manager, Mokopane Letsoalo, and the chief financial officer, Mzwandile Mkhize, for the situation.
“What is frustrating more is that financial reports are submitted to council as if money matters are well while pensions are deducted and not being paid as it should to the relevant authority,” the councillor said. The councillor also questioned the auditor-general reports that failed to identify problems at Moses Kotane.
The hike would see Nketu Nkotsoe, as mayor of the Category 4 municipality, receive a salary of R984 320, up from R955,651, while the speaker and chief whip would obtain R787 456, up from R764,518.
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