ENCA | 24 October 2019 |
JOHANNESBURG – More than four million people are apparently waiting for pension payouts.
Non-profit organisation Open Secrets said these benefits amount to more than R42-billion.
Thomas Malokotsa is still waiting for benefits from his deceased father’s pension fund, more than 30 years after his death.
Malokotsa joined the Unpaid Benefits Campaign in 2017 after discovering hundreds of others in a similar position.
“He was a Lesotho national, and he was told that he doesn’t qualify for any of his pensionable benefits for all these years since he started working in the mines for more than 27 years. He died in 1985 with no pension benefits”, said Malokotsa.
Open Secrets has found thousands of pension funds were cancelled over several years by pension administrators.