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Labour Relations Act, 1995 (Act No. 66 of 1995)

Bargaining Council for the South African Road Passenger (SARPBAC)

Rules Retirement Fund (Provident)

Rule A 5 - Death Benefit

 

A 5.1        Death in service

 

Should a MEMBER die then the death benefit set out in the; SCHEDULE shall be payable in the form of a lump sum to the person or persons entitled thereto, subject to Rule B 2.7.

 

A 5.2        GROUP INSURANCE BENEFITS cease immediately prior to the TERMINATION DATE

 

Notwithstanding anything to the contrary in these RULES, the death GROUP INSURANCE BENEFITS provided through the POLICIES in respect of a MEMBER will cease immediately prior to the TERMINATION DATE applicable to that MEMBER.