Posted with compliments from SEIFSA

4 August 2016

The Chief Executive Officer / Managing Director
Member companies affiliated to the associations federated to the
Steel and Engineering Industries Federation of Southern Africa

Dear Sir/Madam

AMENDMENT TO S13A OF THE PENSION FUNDS ACT

At its meeting on 1 August 2016, the SEIFSA Board directed that I make member companies aware of recent amendments to the Pension Fund Act that became effective from 28 February 2014. It is vitally important that you company takes note of and/or implements the points noted below:

Should you have any questions on this important piece of legislation, please do not hesitate to contact our Chief Financial officer, Mr Rajendra Rajcoomar, on (011) 298-9400 or by e-mail to the address rajendra@seifsa.co.za

Yours Sincerely

Kaizer M. Nvatsumba
Chief Executive Officer

cc: Mr Rajendra Rajcoomar, Chief Financial Officer