The pensioners are contemplating the filing of a class action suit against Transnet.
Legal representatives of Transnet pensioners will meet with the company’s management and trustees on Monday to discuss a possible settlement related to the annual increases of the pension fund. Pensioners currently receive a two per cent annual increase annually that is well below inflation. The pensioners are contemplating the filing of a class action suit against Transnet. Advocate Anton Alberts from the Freedom Front Plus says the recent offer comprises of an annual increase over the next three years, as well as R10 000 annually paid to each person.
Alberts says this will put them in the position they would have been in since 2003, should they have received inflation-related increases. He says this is a good offer considering the current financial position Transnet and the government find themselves in.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
YCL critical of education quality in South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The national leadership of the Young Communist League has criticised the quality of education in South Africa, saying it is not sufficiently preparing young people to deal with the country's economic challenges.
Fuente: SABC News Online - 🏆 32. / 51 Leer más »
Former Ministers implicated in corruption - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Koroneka Trading and Projects Director Babadi Tlatsana has implicated former ministers, Lynne Brown and Dipuo Peters in corruption. Tlatsana concluded her testimony at the State Capture Commission in Johannesburg on Saturday afternoon. And that is why nothing will come from this commission. The looting still goes on now. The thief and the prosecutor work together. gofigire
Fuente: SABC News Online - 🏆 32. / 51 Leer más »
Satawu to explain missing pensions - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South African Transport and Allied Workers Union (SATAWU), has moved to explain how R65 million worth of pension money went missing from its coffers. The money, meant for orphans of deceased mineworkers, was allegedly laundered by the union's former secretary general Zenzo Mahlangu, among others.
Fuente: SABC News Online - 🏆 32. / 51 Leer más »
Five dead in Bloemfontein collision - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Free State police are investigating a case of culpable homicide after five people died in a collision between several cars near Bloemfontein. But why did she close her eyes while driving?
Fuente: SABC News Online - 🏆 32. / 51 Leer más »
YCL critical of education quality in South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The national leadership of the Young Communist League has criticised the quality of education in South Africa, saying it is not sufficiently preparing young people to deal with the country's economic challenges.
Fuente: SABC News Online - 🏆 32. / 51 Leer más »
South Coast gearing up for Sardine Run - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Tourists are flocking to KwaZulu-Natal South Coast for the popular sardine run. The massive shoals of sardines are expected to swim past the area northwards.
Fuente: SABC News Online - 🏆 32. / 51 Leer más »