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Question
Posted by: Peedoff | 2008/09/01

Provident Fund

Hi Guys,
What are the rules regarding payment of funds to a Provident Fund? Our deductions are taken each month, but then the money are not paid to the Provident Fund, because " it has not been recon-ed"  Of course we are losing interest etc on the money that is not in the fund.
Any suggestions would be appreciated.

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Our expert says:
Expert ImageLabour lawyer

all Provident Funds have there own sets of rules please contact your brokers who can give you the rules immediately otherwise you can contact the Pension Fund Ombudsman.

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