How divorce may impact occupational retirement fund savings
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How divorce may impact occupational retirement fund savings
How divorce may impact occupational retirement fund savings
Allan Gray Unit Trust Management
Q3 of 2024 | 8 months ago
The Pension Funds Act, read together with the Divorce Act, and Islamic law (where applicable), provides that the court granting a decree of divorce may make an order that all or part of the pension interest of the spouse who is a member of a retirement fund must be paid by the fund to the non-member spouse. When it comes to occupational funds, the Divorce Act defines “pension interest” as 'the benefits to which the member would have been en
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