South Africa Case Law

Tek Corporation Provident Fund and Others v Lorentz (490/97)

Tek Corporation Provident Fund and Others v Lorentz (490/97) [1999] ZASCA 54; [1999] 4 All SA 297 (A); 1999 (4) SA 884 (SCA); (1999) 20 ILJ 2797 (SCA) (3 September 1999)

Court

Supreme Court of Appeal

Case number

490/97

Judges

Van Heerden, Smalberger, Grosskopf, Howie, Marais

The SCA held that pension fund surplus could not lawfully be used to avoid employer contributions to a provident fund, but other relief ordered below was set aside.

• Pension Fund Surplus
• Contribution Holiday
• Fiduciary Duties Of Trustees
• Statutory Interpretation
• Transfer Of Fund Assets
• Pension-fund-surplus