South African Weather Service Act, 2001 (Act No. 8 of 2001)Chapter 5 : Staff of Weather Service15. Pensions |
(1) | All employees shall have the choice to— |
(a) | remain or become a member of the Government Employees Pension Fund; |
(b) | elect dormant membership and to join any existing fund as a new member from a current date; or |
(c) | withdraw from the Government Employees Pension Fund in accordance with the Government Employees Pension Law, 1996 (Proclamation No. 21 of 1996). |
(2) | The Weather Service may, under the Pension Fund Act, 1956 (Act No. 24 of 1956), establish a pension fund for its employees. |
(3) | For purposes of the Income Tax Act, 1962 (Act No. 58 of 1962), no change of employer must be regarded as having taken place when employment is taken up at the Weather Service by persons in terms of section 18, and the position of those persons in respect of the phasing-in of tax levied on benefits or advantages derived by reason of employment or the holding of any office as Contemplated in Schedule 7 to the Income Tax Act, 1962, must be regarded as remaining unchanged. |