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Election of Trustees to Pension Fund Board

March 11, 2014 in 11 - SAA Pension Fund News

Election of trustees to the TSDBF: (Transnet Second Defined Benefit Fund)

Aandag alle Transnet Pensioenarisse:

Soos almal seker weet, vind daar ‘n verkiesing plaas vir nuwe trustee lede om te dien op die TSDBF Raad van Trustees. Hierdie is die mense wat moet toesien dat die beskikbare fondse korrek bestuur word.

In die verlede het daar 4 Transnet Trustees en slegs 2 Pensioenaris Trustees op die kommittee gedien. Met die komende gaan daar nou baie groter seggenskap aan die pensioenarisse self verleen word deurdat daar nou 4 Pensioenaris Trustees gaan dien. Dit gaan daarom baie belangriker as ooit tevore wees dat elke pensioenaris sy stem uitbring.

I am sure that everybody took note of the decision taken by the Orange Tail Association to distance ourselves from supporting the candidates proposed by  TPAG after receiving negative correspondence from them.  Only two candidates approached the Orange Tail for support of their candidature by our members, and both are fully paid up members. The two candidates are:

CLAIR FICHARDT: 

*    Clair retired as a B747 Captain after 35 years with SAA and dedicated 1 year to the Pilots Association as Industrial Director, 1 year as Vice President, and then 5 years as President/Chairman.
*    Under the guidance of Professor Nic Wiehahn, he initiated the change from Association to Union, thus gaining representation on the Pension and Medical Boards, which was previously denied to the pilot body.
*    As the pilots first Pension Fund representative, he attended the meeting where the 2% issue was raised, with Transnet CEO Anton Moolman promising this was a temporary measure to give the fund time to recover – this promise was never honoured. He submitted an affidavit to Advocate Alberts and is prepared to give evidence on this issue.
*    Clair is dedicated to achieving inflation related pension increases and bonuses, and will fight for Pensioner Trustees and Pensioner appointed Actuaries to take over the control and running of their pension fund, removing Transnet from any involvement in the distribution of YOUR money!
Will fight for pensioners to receive appropriate back pay.

 
LEN JORDAAN: 

*   Len holds a Bachelor of Commerce degree and was a Senior Manager in the finance department of SAA and is fully bilingual.
*   He also held positions as Senior Manager (Internal Audit) and Marketing Manager for SAA. Len also was the Manager, Eastern USA, based in New York.
*   In addition Len Jordaan led the SAA delegation to Taiwan to set up flight operations to that country.
*   He also was the SAA delegate to  IATA meetings, and was the Chairman of the IATA airlines Agency Investigation Panel (SA) as well as the Bank Settlement Plan Southern Africa Steering Panel 

 

VOTING PROCEDURE:

  1. You should start receiving your ballot forms in the mail now.
  2. The names of both Len Jordaan and Clair Fichardt appears on these forms together with the names of 13 other candidates.
  3.  The Board of Trustees of TSDBF informed us that the deadline for submission of the  trustee elections forms has been extended  to 30 April 2014 (from 31 March 2014). This is to accommodate pensioners who have not yet received election forms due the postal services strike. For any queries please call 011-587-8000.
  4. Please vote for the candidates of your choice. You do not have to vote for more than one person, but you can vote for up to four candidates, if you so choose.
  5. Mail the form back in the self addressed envelope provided to reach the office before 30 April 2014.
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