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act-89-1988.pdf | 3.29 MB |
89 of 1988
The Pension Laws Amendment Act 89 of 1988 intends:
- to amend the Associated Institutions Pension Fund Act, 1963, so as to provide that regulations shall be made after consultation with the Minister of National Education;
- to amend the Government Service Pension Act, 1973 [repealed in 2011], so as
- to adjust certain definitions;
- to regulate the pension rights of persons in the education service of the departments responsible for education; and
- to provide that regulations shall be made after consultation with the Minister of National Education;
- to amend the Occupational Diseases in Mines and Works Act, 1973, so as
- to substitute obsolete expressions and to delete the definitions of "secretary" and "Black affairs authority"; and
- to abolish the Black Compensation Fund and to transfer its funds, rights and liabilities to the Mines and Works Compensation Fund;
- to amend the General Pensions Act, 1979, so as
- to adjust certain definitions;
- to amend the formula according to which benefits are calculated which are preserved for dormant members;
- to extend the power of the Minister of National Health and Population Development to make regulations regarding the financial management and control of pension funds; and
- to provide for delegation by the said Minister and the Director-General;
- to amend the Temporary Employees Pension Fund Act, 1979, so as
- to provide that regulations shall be made after consultation with the Minister of National Education;
- to provide for the pension rights of the former Vice State President; and
- to provide for matters connected therewith.
Commencement
- 15 July 1988, unless otherwise indicated
- 1 April 1990, Sections 7-14 (Gazette 12793 of 19 October 1990)