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Pension Funds Act, 1956 (Act No 24 of 1956)

Board Notices

Notice on Report by a valuator in relation to a Statutory Actuarial Valuation, 2010

2. Format and submission

 

2.1 The report must be legible and not contain any shading that would inhibit the readability of a scanned version.

 

2.2 A submission of the report to the Registrar must consist of the following:
(a) the statement by the board of the fund, duly signed in accordance with Regulation 20 to the Act, confirming:
(i) the date of the statutory actuarial valuation;
(ii) that the submission of the report constitutes a statutory submission in terms of section 16(1) of the Act;
(iii) that the board acknowledges the recommendations made by the valuator, if any, and whether any steps have been taken to address these; and
(iv) that the certificate required in terms of section 16(8) of the Act, duly completed is attached;
(b) a duly signed copy of the report; and
(c) the certificate in terms of section 16(8) of the Act, duly completed.

 

2.3 The submission to the Registrar must be made electronically (through the FSB Retirement Funds Online System, available at  the website: www.fsb.co.za) in portable document format (PDF).

 

2.4 Unless all three of the abovementioned documents are submitted together in one submission, the fund shall be deemed to not have submitted the report to the Registrar.