pfaSowetanLive reports that Reshebile Aviation and Protection Services is scrambling to keep 400 security guards from downing tools after the company failed to pay their provident funds following a determination made by the Pension Fund Adjudicator (PFA).  

About 40 of the 400 employees lodged complaints with the PFA after their pension funds could not be accounted for.  Reshebile had been deducting R300 a month from the workers' salaries, which went to the Senpef Provident Fund, administered by WSM Employee Benefit Administrators.  In November, the PFA ordered that Reshebile should submit all outstanding contribution schedules in order to facilitate the calculation of the employees' outstanding withdrawal benefits within three weeks of the determination.  It further instructed the company to calculate the complainants' outstanding contributions, together with late payment interest owed by the company, within a week of receiving the contribution schedules.  Shadrack Dladla, managing director of Reshebile, said the pension fund issues would be addressed in a meeting that was scheduled to be held on Thursday.  He accepted that that the payments were presently in arrears because of “some financial difficulties with clients failing to pay the company.”

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