The Association of Members of
IBM UK Pension Plans (AMIPP)

South African Section

Contents  (This page updated 21 Oct 2007)




This page is devoted to explaining the IBM Pensions situation in South Africa.

In South Africa, the Defined Benefit pension fund members are quite well mobilised and have formed a Pension Fund Action Group (PFAG). Their aim is to protect the interests of approximately 500 beneficiaries of the fund.

By South African law, at least 50% of Trustees have to be members elected by members. Some of the PFAG Committee Members have been elected as Member Elected Trustees and were in conflict with the Company Appointed Trustees during Trustee Meetings.

For more information see the following:

Chronology (Contents in reverse date order)


Contacts


For links to other sites see the links page.