Try GOLD - Free
Pension Funds Adjudicator orders R5 000 penalty for payment delays
Saturday Star
|February 21, 2026
A PENSION fund has been ordered by the Pension Funds Adjudicator (PFA) to pay a penalty of R5 000 to a member after delays in resolving a dispute over missed monthly pension payments, which the fund attributed to a bank technical error.
The complainant, a member of the Motor Industry Provident Fund from July 1997 until his retirement, has been receiving a monthly pension since March 2017. He lodged a complaint after failing to receive his pension from August 2024 to February 2025, despite having provided proof of his bank account details, which he said had already been furnished to the fund. According to the fund, the August 2024 payment was rejec
This story is from the February 21, 2026 edition of Saturday Star.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Saturday Star
Saturday Star
Software overhaul sets stage for future driving experience
VOLVO Cars has begun rolling out what it describes as its largest over-the-air (OTA) software update, targeting around 2.5 million vehicles across 85 countries.
1 mins
April 11, 2026
Saturday Star
Bayern eyeing Bundesliga scoring record at St Pauli
BAYERN Munich need just two goals at St Pauli today to break the 54-year goalscoring record for a Bundesliga season.
2 mins
April 11, 2026
Saturday Star
11 internet terms you need to know
IF YOU'VE spent even five minutes on TikTok, scrolled through X or overheard a conversation between Gen Z-ers, chances are you've come across a phrase that made you pause mid-scroll or mid-conversation.
3 mins
April 11, 2026
Saturday Star
US Democratic hopefuls turn against Israel ahead of 2028 primaries
THE 2028 US Democratic presidential primaries are still two years away, but that hasn’t stopped potential candidates from lambasting Israel, a democratic ally.
3 mins
April 11, 2026
Saturday Star
The rise of retail hedge funds: a revolution in investment
FOR most of the past decade, South Africa’s hedge fund industry has been quietly yet steadily transforming itself.
3 mins
April 11, 2026
Saturday Star
Joburg Ballet returns to orbit with 'Celestial Bodies'
JOBURG Ballet will continue its 25th anniversary celebrations this April with the return of its critically acclaimed production Celestial Bodies at the Keorapetse William Kgositsile Theatre at the UJ Arts Centre.The anniversary season, described as a celebration of legacy, transformation and excellence, opened earlier this year with the landmark production of Giselle.
2 mins
April 11, 2026
Saturday Star
South Africans redefining social culture by revolution
FOR decades, the South African social calendar has been anchored by a cold beer or a glass of Pinotage.
3 mins
April 11, 2026
Saturday Star
The perfect daily driver and weekend warrior
WE'VE had our long-term Ford Ranger XLT double-cab bakkie for almost three months now, and things couldn't be going better.
3 mins
April 11, 2026
Saturday Star
Madlanga Commission faces digital denialism in fight against corruption
AS THE Madlanga Commission of Inquiry enters its critical final phase this month, it has become a laboratory for a disturbing new form of legal defence — digital denialism.
5 mins
April 11, 2026
Saturday Star
How to build a strong professional network
A STRONG, robust network is one of the most powerful assets any professional can possess — its importance is difficult to overstate.
3 mins
April 11, 2026
Listen
Translate
Change font size