Minister of Finance Malusi Gigaba intends to resolve the payment of pensions to beneficiaries of the former Venda Pension Fund by the end of November 2017. The monies are owed by the then government of Venda.

Minister Gigaba says the matter has long been outstanding and needs to be resolved as urgently as possible. The Minister has reaffirmed his commitment to seeing the project finalised.

The Government Pensions Administration Agency (GPAA) is collating and reconstructing individual files and records of beneficiaries. This will ensure that qualifying pensioners receive the monies due to them.

 

Issued by National Treasury on behalf of the Ministry of Finance