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Search results with tag "Withdrawal benefits"
Municipal Workers Retirement Fund
mwrfund.org.zaWITHDRAWAL BENEFITS On resignation, dismissal or retrenchment a member will received: Ÿ The total of the member’s contribution with investment growth; plus Ÿ The total of the employer contribution less cost of risk bene ts and admin fees with investment growth; plus Ÿ Any transfer amount with investment growth DEATH BENEFITS On death of a member while stil in service, the following bene ...
PAYMENTS ON TERMINATION OF EMPLOYMENT – A TAXING …
www.bowmanslaw.comIn addition, on termination for operational requirements (retrenchment), the Basic Conditions of Employment Act 75 of 1997 requires that an employee be paid severance pay, an additional payment ... (made up of, for example , salary, notice pay and accrued leave pay ... employee have received retirement fund lump sum withdrawal benefits and/or ...