FF-Plus pledge to prevent dissolution of Transnet pension fund

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 The Freedom Front Plus has pledged to prevent the dissolution of a Transnet pension fund.

Party spokesperson, Advocate Anton Alberts says any attempt by Transnet and the state to dissolve the pension fund of the 62 160 former employees, will be a human rights abuse of the worst kind.

He says the FF-Plus will take every possible step to prevent this.

According to weekend media reports, Transnet was planning to dissolve the pension fund to which it had transferred 65-thousand pensioners and then stripped of its assets.

Lawyers are seeking approval from the High Court in Pretoria to bring a class action against Transnet on behalf of the pensioners.

Alberts said the fund could only be dissolved if legislation was amended, which would need to be discussed by the parliamentary portfolio committee on public enterprises.