Financial Services Board Act, 1990
R 385
Government Employees Pension Law, 1996Annexure 1 : Government Employees Pension Law, 19962. Continued existence, change of name and legal personality of certain fund |
| (1) | The fund established by section 3 of the Government Service Pension Act, 1973 (Act No. 57 of 1973), shall notwithstanding the repeal of that Act by section 34, continue to exist, subject to the provisions of this Law, but shall with effect from the fixed date be known as the Government Employees Pension Fund and shall consist of— |
| (a) | all amounts standing to the credit of or due to the Fund immediately before the fixed date; |
| (b) | all money and assets vested in the Fund in terms of section 14(2); |
| (c) | all money and assets vested in the Fund in terms of section 15(2); |
| (d) | all contributions paid to the Fund by members in terms of section 17(1); |
| (e) | all contributions and amounts paid to the Fund by the employer in terms of section 17(2) or (4), 20(2) or 25(2) or by the Government in terms of section 17(4); |
| (f) | all other amounts which are from time to time credited to the Fund. |
| (2) | The Fund shall be a juristic person. |
