The office of the Pension Funds Adjudicator is a statutory body established in terms of section 30B of the Pension Funds Act, 24 of 1956. Section 30B entrusts the responsibility of carrying out the mandate on the Pension Funds Adjudicator and the Deputy Adjudicator/s. The Adjudicator and/or the deputy Adjudicators are appointed by the minister of Finance in ...
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Receive investigation file and identify areas that require further investigation to dispose of a complaint
Request further information from parties to a complaint where required
Identify the need for and request expert reports in appropriate matters
Engage with parties to a complaint concerning the administrative aspects of the file/investigation.
Ensure that procedural fairness requirements are adhered to
Maintain a proper record of all complaints allocated, including a record of all correspondence relating to a complaint, proof of service, telephone calls, emails, etc.
Ensure all information is captured and processed on the OPFA case management system
Prepare and submit quality draft determinations to the Team Leader within set timelines in accordance with daily, weekly, and monthly targets
Attend to corrections on reviewed drafts
Correctly identify out-of-jurisdiction matters
Draft settlement and out-of-jurisdiction letters for approval by the Team Leader
Assist with projects/ad hoc tasks as and when required
Submit weekly and monthly statistics to the Team Leader
Prepare records for the Financial Services Tribunal or High Court
Requirements
A Law Degree, i.e. BCom Law, BA Law, or LLB (Bachelor of Laws)
3 years’ experience in the retirement funds industry – administration, management, or regulation
Knowledge and understanding of the appropriate legislative and regulatory frameworks
Ability to assess and investigate facts, interpret legislation, and draft legal documents
Legal research
Experience in the financial services sector will be an added advantage
Knowledge and understanding of the Pension Funds Act and the role of the Pension Funds Adjudicator