Solidarity to announce details of case against govt pension fund

2016-05-11 06:27
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Pretoria  Trade union Solidarity will announce details of its court case against the Government Employees Pension Fund (GEPF) in Pretoria on Wednesday.

The union said it wanted to hold the GEPF accountable for what it called "unilateral changes" made to the formula used to calculate the resignation benefit of government employees.

It alleged this was done without any consultation with stakeholders. Solidarity wants the process reviewed by the high court.

“Public servants seeking retirement or having retired after the unilateral amendment of the factors have lost thousands of rands in resignation benefits,” the union’s chief operations officer, Johan Kruger, said.

“A proper consultation process must take place in order for organised labour to be able to participate.”

Read more on:    solidarity  |  pretoria  |  labour

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