Government Employees Pension Law Amendment Act | Act 19 of 2011 — South Africa law | Esheria

Government Employees Pension Law Amendment Act

This section amends the definition of “employer” for the Government Employees Pension Law, 1996.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 19 of 2011
Version
Undated source snapshot
Language
en
Updated
Official source
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benefit transfers benefits benefits administration benefits payment claims and applications processing contributions court execution definitions divorce settlement divorce settlements employee benefits administration fund payments government employees pension legislation amendment pension administration pension fund benefits pension membership pensions retirement benefits statutory amendment transfer restrictions

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Statute overview

About this statute

This section amends the definition of “employer” for the Government Employees Pension Law, 1996. This provision amends the definition of “employer” and adds a new definition of “pension interest.” This section amends section 21 so that benefits or rights payable under the Act generally cannot be assigned, transferred, pledged, hypothecated, attached, or executed against, subject to section 24A and listed statutory exceptions. The Board must tell the Fund to reduce a member’s pension interest when part of it is assigned to a former spouse under a divorce or customary marriage dissolution decree. A benefit or right under this Act generally cannot be used, transferred, pledged, attached, or executed, subject to section 24A and stated exceptions.