NATIONAL TREASURY BRIEFING TO THE JOINT STANDING COMMITTEE ON DEFENCE ON SPECIAL PENSIONS

Similar documents
Case law update Fund related matters

The Local Government Pension Scheme. Liability for combined benefits - Regulations 29, 48 and 126

Fire and Emergency Services (Superannuation Fund) Regulations 1986

PROBATE INFORMATION SHEET

CIVIL SERVICE FAMILY PROTECTION SCHEME ACT

ALSA PK, unabhängige Sammelstiftung. Brief regulations

A plan for every business

CIVIL SERVICE FAMILY PROTECTION SCHEME ACT

Staff Regulations Appendix V

WV INCOME MAINTENANCE MANUAL

FREQUENTLY ASKED QUESTIONS (FAQ s) AB 205, Domestic Partner Legislation GENERAL INFORMATION

PASSING ON BUSINESS ASSETS LIFE ADVISORY SERVICES

18.14 FAMILY PROTECTION SCHEMES

9. Self-employment contributions (increase in income ceiling).

WIDOWERS AND ORPHANS PENSION ACT (NO. 24 OF 1983)

Lump sum death benefit form Section A/B

THOHO Funeral Services is a member of THOHO Group of Companies

SOCIAL INSURANCE IN CYPRUS

PUBLIC EMPLOYEES (CONTRIBUTORY RETIREMENT SCHEME) (NEW MEMBERS) (JERSEY) REGULATIONS 1989

RESTRICTED BENEFICIARY DESIGNATION

Veterans Act 2 of 2008 section 46

Leaves of Absence: Collective Agreement and Employment Standards Act

SOCIAL SECURITY (AMENDMENT OF LAW No. 4) (JERSEY) REGULATIONS 2012

The Independent Way Funeral Plan Terms and Conditions TCS

HERMES GROUP PENSION SCHEME

Estate Planning Information

PUBLIC EMPLOYEES (CONTRIBUTORY RETIREMENT SCHEME) (EXISTING MEMBERS) (JERSEY) REGULATIONS 1989

[Ch.14.] 14.1 CHAPTER XIV. Part I PENSION SCHEMES FOR CLERGY

Number 16 of Social Welfare and Pensions Act 2014

WHAT HAPPENS IF I DIE WITHOUT MAKING ANY WILL?

Civil Service Additional Voluntary Contribution Scheme

Living Alone Payment

Small Estate Affidavit

GOVERNMENT EMPLOYEES PENSION LAW AMENDMENT BILL

A Guide to the Firefighters Pension Scheme Wales 2015

STANLIB Retirement Funds Death Claim Process Brochure. stanlib.com. STANLIB is an authorised financial service provider

UNEMPLOYMENT INSURANCE ACT

The University of Warwick Pension Scheme Defined Benefit Section. Explanatory Booklet

Please quote our reference: PFA/GP/ /2016/CMS Your reference: Mr. Harkness REGISTERED POST. Dear Madam,

Role of Employees Compensation Assistance Fund Board in Employment-related Injury Claims

STATUTORY BODIES FAMILY PROTECTION FUND ACT*

The Saskatchewan Assured Income for Disability Regulations, 2012

Part 44A TAX TREATMENT OF CIVIL PARTNERSHIPS. 1031D Election for assessment under section 1031C

THE PRESIDENCY. No June 2001

Small Estate Affidavit

Plan Description. Its Aims. Your Commitment. Risk Factors KEY FEATURES DOCUMENT CHILD SAVINGS PLAN

Pension Freedoms Briefing Note Death Benefits

Information on Victims of the Occupation Period Compensation to Surviving Dependants

BANK OF CHINA PENSION & LIFE ASSURANCE SCHEME. Explanatory Booklet

Death Benefits For City of San Diego Members, Survivors & Beneficiaries

Small Estate Affidavit

House of Commons. MPs CARE Pension Scheme Parliamentary Contributory Pension Fund (PCPF) A guide for members. Published May 2015

PENSIONS (40 ILCS 5/) Illinois Pension Code. ARTICLE 6. FIREMEN'S ANNUITY AND BENEFIT FUND CITIES OVER 500,000

REPUBLIC OF SOUTH AFRICA. No. 63 of 2001: Unemployment Insurance Act as amended by Unemployment Insurance Amendment Act, No 32 of 2003

PUBLIC. Brussels, 3 June 2003 COUNCIL OF THE EUROPEAN UNION. 9834/03 Interinstitutional File: 2002/0100 (CNS) LIMITE STAT 52 FIN 224

SOCIAL SECURITY (GENERAL BENEFIT) (JERSEY) ORDER 1975

CONSTANTIA LIFE & HEALTH ASSURANCE COMPANY LIMITED (Reg No 1952/001635/06) RONBEL ASSISTANCE BENEFIT MASTER POLICY CLAH/RON/2016

PL (9 Oct 80, but effective 1 Dec 80)

SICK PAY FUND MEMBERSHIP CONTRIBUTIONS SICK PAY BENEFITS. Page 1

10 USC, CHAPTER 73, SUBCHAPTER II SURVIVOR BENEFIT PLAN

World Bank Group Directive

The Police Pension Scheme Members Guide

The Pensions Trust. Rules effective from 1 November Linklaters LLP One Silk Street London EC2Y 8HQ

A GUIDE TO THE FIREFIGHTERS' PENSION SCHEME 2015 (ENGLAND)

SCHEDULE 1 EARLIER SCHEME DOCUMENTS

UNDERSTANDING AID AND ATTENDANCE: CONFLICTS BETWEEN PLANNING FOR VETERAN S DISABILITY PENSION AND PLANNING FOR MEDICAID

MERCER SUPERANNUATION (AUSTRALIA) LIMITED ABN ('Trustee') MERCER MASTER FUND

ESTATE PLANNING QUESTIONNAIRE

Dorset County Pension Fund

PENSION DEATH BENEFIT CLAIMS GUIDE

WIDOWS AND CHILDREN S PENSIONS ACT

Pension Scheme for Special Needs Assistants

The Saskatchewan Assistance Regulations, 2014

Ombudsman s Determination

REPUBLIC OF SOUTH AFRICA

Member Guide. Invested in our members

BERMUDA PENSIONS AND GRATUITIES (WAR SERVICE) ACT : 2

Estate Taxation Made Simple (?) Monica Haven, E.A.

The Police Pension Scheme Members Guide

DENNIS MANUGE. and HER MAJESTY THE QUEEN AMENDED ORDER

Invensys Pension Scheme Members Booklet

For Preview Only - Please Do Not Copy

SFERS Miscellaneous Safety Plan - A8.610 Summary of Key Plan Provisions

Ombudsman s Determination

NATIONAL UNIVERSITY OF IRELAND, MAYNOOTH EMPLOYEE SUPERANNUATION SCHEME

HOUSE OF REPRESENTATIVES SOCIAL SECURITY LEGISLATION AMENDMENT BILL 1988

NHS Pensions - Life assurance and family benefits 1995 Section

3. Children (please indicate whether any child is from a prior marriage and if the child is deceased). For minors, include their age:

UNDERSTANDING AID AND ATTENDANCE: CONFLICTS BETWEEN PLANNING FOR VETERAN S DISABILITY PENSION AND PLANNING FOR MEDICAID

FAMILY ALLOWANCES AND SOCIAL SECURITY (RECIPROCAL AGREEMENT WITH SPAIN) (JERSEY) ACT 1976

GOVERNMENT GAZETTE REPUBLIC OF NAMIBIA

LONG-TERM CARE SUBSIDIZATION ACT REGULATIONS

R2(3) R3(1)(b) & RSch 2, Part 2. R3(1)(c) & R4(2)(b) Employer. R4(2)(b) R3(5) & RSch 2, RSch 2, Part 3, RSch 2, Part 3, para 9(d)

DESIGNATION OF BENEFICIARY

CAPITAL ACQUISITIONS TAX

42 USC 417. NB: This unofficial compilation of the U.S. Code is current as of Jan. 4, 2012 (see

Steve H. Hornstein, Esq., CPA, LL.M., CFP Attorney at Law

TAX, RETIREMENT & ESTATE PLANNING SERVICES. Registered Education Savings Plans (RESPs) THE FACTS

HANFORD EMPLOYEE WELFARE TRUST (HEWT) RETIREE HEALTH REIMBURSEMENT ARRANGEMENT

G.S Page 1

Transcription:

NATIONAL TREASURY BRIEFING TO THE JOINT STANDING COMMITTEE ON DEFENCE ON SPECIAL PENSIONS Presenter: Stadi Mngomezulu Deputy- Director General: Corporate Services 16 November 2012

CONTENT Introduction Beneficiaries of Special pensions Benefits Special Pensions activities Special Pensions Board and Review Board Appeal Board Special Pensions Structure Application process 2

INTRODUCTION 1996: Special Pensions Act promulgated, giving effect to section 189 of the Constitution. Objective: To provide for the payment of special pensions to persons who made sacrifices or served public interest in the establishment of the democratic constitutional order. 1998: Applicants now receive monthly pension from the age of 35, as opposed to 50 / 60. Also included terminally ill persons. 2003: To accommodate late applications. i.e. applications that were received after 1 December 1997. 3

INTRODUCTION 2005: New benefits were introduced: monthly spouse pension; monthly orphans pension; funeral benefit; 31 December 2006 as a closing date for all applications. 2008: Amendment were introduced: Extend the right to a pension to persons 30 years of age, but not yet 35 years on 1 December 1996; Extend surviving spouses & orphans pensions and funeral benefit to certain persons; To regulate the administration of the Act; To amend Schedule 3 of the Act and provide for matters connected therewith. 4

BENEFICIARIES OF SPECIAL PENSIONS A beneficiary is person would have met all statutory requirements of the Special Pensions Act. The Act recognises the following beneficiaries: A person applying in his own right, this would be a person who is a South African citizen or entitled to be a South African citizen, who was engaged full-time in the liberation struggle prior to 2 February 1990; Spouse to the deceased pensioner; 5

BENEFICIARIES OF SPECIAL PENSIONS Child of the deceased pensioner or spouse that was receiving a monthly benefit; Dependant of the deceased pensioner or spouse; A child or dependant who became an Orphan as result of the death of the pensioner and/or spouse; A dependant may be a parent, sibling, niece, nephew, adopted child in respect of whom a deceased person was legally liable for maintenance and if the applicant (dependant) was at the time of death of the deceased, dependant on the deceased for maintenance. 6

BENEFITS Special Pensions monthly membership 31 October 2012: 30 49 years of age : 1 137 50 64 years of age : 4 968 65 years and above : 331 Orphans : 58 Widows : 1 260 Total monthly annuitants : 7 754 7

SP ACTIVITIES SP activities since inception Total number of application received : 72 810 Total applications approved : 22 307 Total application declined : 37 780 Total Late Applications : 9 438 Dormant applications : 1 324 Applications in process (Various stages) : 1 961 NB: Due to the age restriction within the Special pension Act - before the 2008 Amendment, most of the under 35 beneficiaries opted for NSF, there is +- 23 000 beneficiaries under the NSF programme. 8

SP ACTIVITIES SP activities for Under 35 s Total number of applications received from Jan 2009 31 Dec 2010 : 9924 Total number of application processed : 9874 Of the 9874 - rejected due to age (< 30 > 35) : 3440 Incomplete applications at verification : 41 Turnaround time of processing a complete under 35 application is on average 90 days, improved from an average of one year in the past. 9

Special Pensions Board and Review Board The Special Pensions Board was established in terms of section 15 of the Act, and was accountable to the Minister. The Board was dissolved by the Minister in February 2007 in terms of section 27(1). A Review Board was established in terms of section 28 of the Act and was also dissolved in May 2007 in terms of section 27(1). The definition of Board and Review Board were respectively deleted by section 23 (e) and 23 (j) of Amendment Act, No 13 of 2008. Subsequently the Board was replaced by the Administration and the Review Board was replaced by the Appeal Board in terms of section 8AA(1). 10

APPEAL BOARD The Appeal Board (AB) was established in terms of section 8AA(1) of the Act; The AB consist of three members and was appointed by the Minister of Finance; and The AB may confirm, set aside or vary the decisions of the designated institution. 11

SPECIAL PENSIONS STRUCTURE The administration is managed by the Director /Senior Manager: Special Pensions; The Director : Special Pensions reports to the Chief Director: Programme 7; The Special Pensions structure consist of the following sections: Political Verification and Research; Adjudication panel; Appeal panel; Payments and Secondary benefits; Clientcare and Records management 12

APPLICATION PROCESS 13

THE END» Thank you» Questions? 14