A hard-fought legal challenge brought by Transnet pensioners against the state-owned logistics company has after seven years culminated in a settlement agreement, offering only some justice for the long-suffering retirees.

The settlement, which is yet to be made a court order, consists of a R30,000 lump sum per retiree, paid in three tranches over two years, and higher annual increases in future. It falls way short of what many pensioners and their dependants expected.

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