Fund ordered to pay R313,000 death benefit to child of unemployed mom

A retirement fund has been ordered to pay a death benefit of more than R313,000 to a minor after initially withholding the money because the child’s unemployed mother could not afford to prove the father had been a member of the fund. 

Deputy pension funds adjudicator Adv Matome Thulare criticised Momentum’s FundsatWork Umbrella Provident Fund for causing undue hardship for the mother by expecting her to get a R2,000 DNA test to prove paternity...

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