Venda Pension Fund monies to be paid by November

Wednesday, August 30, 2017

The payment of pensions to beneficiaries of the former Venda Pension Fund will be resolved by the end of November 2017, the Ministry of Finance said on Wednesday.

“The Minister of Finance, Malusi Gigaba, intends to resolve the payment of pensions to beneficiaries of the former Venda Pension Fund by the end of November 2017,” said the ministry of the monies that are owed by the then government of Venda, which is located in Limpopo.

Minister Gigaba said the matter has long been outstanding and needs to be resolved as urgently as possible.

The Minister has further reaffirmed his commitment to seeing the project finalised.

The Government Pensions Administration Agency (GPAA) is collating and reconstructing individual files and records of beneficiaries. This will ensure that qualifying pensioners receive the monies due to them. – SAnews.gov.za

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