A few important points that are overlooked too easily, regarding the time frames for the payment of death benefits in case of each of the 5 different scenarios envisaged in section 37C:
PFA section 37C specifies the time within which a death benefit must be paid. In broad terms, if the trustees established that there are no dependants, the benefit must be paid twelve months after date of death.
The Namibia Employer’s Federation hosted a feedback and engagement session with its stakeholders on 7 August at NIPAM.