Question NW799 to the Minister of Finance
30 September 2019 - NW799
Ntlangwini, Ms EN to ask the Minister of Finance
What is the (a) total amount of each unclaimed (i) pension, (ii) funeral and (iii) investment benefit that is held by each (aa) private institution that is responsible for managing the assets and (b)(i) name of each specified institution and (ii) total amount owed in each case?
Reply:
a) The total number of unclaimed (i) Pension and (ii) Funeral benefit
Details |
Rand Amount |
Cases |
Funeral Benefit |
R1 197 422.62 |
138 |
Total unclaimed Benefit (July 2019) |
R664 186 398.71 |
17 558 |
(iii) The GPAA do not deal with investment of funds.