When employees are dismissed or abscond following suspected theft or misappropriation of funds, ex-employers often attempt to recover the lost funds from the ex-employee’s pension benefits. In such cases, time is of the essence, as ex-employees may try to withdraw their pension benefits quickly. To have a chance of recovering the lost monies, an ex-employer [more…]
Can businesses recover stolen money from ex-employee pension funds?FefaTech2024-11-07T07:55:26+02:00
More than 300 cases are currently being fought in court against employers
The Private Security Sector Provident Fund (PSSPF) is fighting 315 court battles against employers who are failing to comply with rules, putting the pensions of more than 80,000 security guards at risk.
The Fund has more than 242,600 registered members, of whom over [more…]
Pensions of more than 80,000 security guards at risks26superu2018-10-23T13:29:56+02:00