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People are living longer than ever thanks to advances in healthcare technology, better disease prevention and generally healthier lifestyles.
A long-running dispute over the distribution of a deceased member’s pension benefits has travelled full circle from the pension fund’s initial decision, through a challenge before the Pension Funds Adjudicator (the Adjudicator), and on to the High Court, the Supreme Court of Appeal and the Constitutional Court (CC) before landing up back at the fund.
Beyond the pay gap, systemic bias, financial pressures and family caregiving commitments compound to create a deeper retirement crisis for women.
South African women are remarkable. They are holding down demanding jobs, providing for their families, and taking on the responsibility of caregiving for children and elderly relatives - all while facing systemic inequalities such as the 30% wage gap and single parenthood.
The strongest deterrent against FSP compliance missteps is or should be: