Pension Funds Act, 1956 (Act No 24 of 1956)Board NoticesNotice on Report by a valuator in relation to a Statutory Actuarial Valuation, 20102. Format and submission |
2.1 | The report must be legible and not contain any shading that would inhibit the readability of a scanned version. |
2.2 | A submission of the report to the Registrar must consist of the following: |
(a) | the statement by the board of the fund, duly signed in accordance with Regulation 20 to the Act, confirming: |
(i) | the date of the statutory actuarial valuation; |
(ii) | that the submission of the report constitutes a statutory submission in terms of section 16(1) of the Act; |
(iii) | that the board acknowledges the recommendations made by the valuator, if any, and whether any steps have been taken to address these; and |
(iv) | that the certificate required in terms of section 16(8) of the Act, duly completed is attached; |
(b) | a duly signed copy of the report; and |
(c) | the certificate in terms of section 16(8) of the Act, duly completed. |
2.3 | The submission to the Registrar must be made electronically (through the FSB Retirement Funds Online System, available at the website: www.fsb.co.za) in portable document format (PDF). |
2.4 | Unless all three of the abovementioned documents are submitted together in one submission, the fund shall be deemed to not have submitted the report to the Registrar. |