Question NW799 to the Minister of Finance

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30 September 2019 - NW799

Profile picture: Ntlangwini, Ms EN

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.

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