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106 of 1986
The Pension Laws Amendment Act 106 of 1986 intends:
- to amend the Government Service Pension Act, 1973 [repealed in December 2011], so as to replace certain obsolete designations;
- to amend the Military Pensions Act, 1976, so as
- to provide for the payment of allowances to pensioners suffering from serious disabilities;
- and to authorize the making of regulations with retrospective effect;
- to amend the Judges' Pensions Act, 1978 [repealed in April 1989], so as to include in the definition of "pensionable service" certain periods of service performed in an acting capacity;
- to amend the General Pensions Act, 1979, so as
- to further regulate the preservation of pension rights by certain persons;
- to provide for the transfer of the pension rights of a dormant member to another pension fund;
- to further regulate the pension rights of persons whose services are terminated under certain circumstances;
- to empower the Minister of National Health and Population Development to make regulations relating to the financial management of and control over pension funds; and
- to entrust the auditing of the accounting records of certain pension funds to the Auditor-General;
- to amend the Temporary Employees Pension Fund Act, 1979, so as
- to replace certain obsolete designations;
- to increase certain benefits and special awards payable in terms of the Occupational Diseases in Mines and Works Act, 1973;
- and to provide for matters connected therewith.
Amends
- Associated Institutions Pension Fund Act 41 of 1963
- Associated Institutions Provident Fund 11 of 1971
Commencement
- 19 September 1986: unless otherwise indicated
- 1 October 1986, Sections 4 and 12
- 1 June 1986: Section 9