For many years SAARP has been pursuing Transnet to try and obtain financial relief for the embattled Transnet pensioners who are in dire financial straits. The only success that we have received to date is to obtain pensioner representation on both the pension fund and the medical scheme.
This however has not achieved our objective as the appointed trustees can only provide benefits in line with the financial abilities of those funds and Transnet is unwilling to give financial relief to improve the position. This despite the fact that the present subsidisation levels were decided over 10 years ago with no inflation adjustments since.
The matter has been pursued at the highest level in Parliament, who were very supportive, however Transnet refused to comply with the payments as recommended by Parliament.
The matter is now being pursued in the courts by a group of Transnet pensioners. This group has lodged their case with the courts but now urgently require an indication of pensioner support for their actions.
They need all Transnet Pensioners to confirm their support for this action by sending an SMS to 45509 indicating their pension number, surname and e-mail address.
The format of the SMS must be: Transnet (space) Pension number (space) surname (space) e-mail address.
SMS’s cost R1.50.
By supporting this you will all be helping yourselves!
We urge members to do this as soon as possible.
We will keep you informed.