The wife, who was initially nominated to get 50% from her late husband’s R2. 4 million pension fund, was aggrieved when her amount was reduced to 25%.
Wife unhappy as adjudicator allocates more funds to kids, adds mother-in-law on late husband’s R2.4 million pension fund
When the investigation was concluded, the funds were reallocated and the deceased’s mother and his 23-years-old-son were also added as beneficiaries. Regarding the wife, the FST found that 25% should be sufficient to take care of herself because she already had a decent home and her wish to build another home in Limpopo was her choice and it won’t be used as a consideration to change PFA’s decision.
“The two children, aged eight and ten respectively, have a long way to go even after matric. The 30% and 25% respectively in our view, is equitable and fair. Their benefits would be controlled and monitored by the Guardian Fund to take care of their immediate needs,” read the ruling. He stated that he was not permanently employed and that his contract can be terminated at any time depending on his performance.The FST said the PFA failed to investigate the assertions made by the 23-year-old even though he had invited them to investigate all the information he had provided.
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