Page 7 - Reeftankers - Annexure A Minutes
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REEF TANKERS (Pty) Ltd 21 JULY 2017
12. 5. EDUCATIONAL UPDATE
Mr Tillett provided the Manco with information on industry-related matters. He highlighted that
non- or late- payment of contributions by an employer could constitute a criminal offence. The
employer had to identify the individuals who would be ‘Responsible’ should contributions not be
paid, failing which, the directors of the employer would be personally liable for the non-payment Prism
of contributions. Mr Tillett stated that he would forward a blank ‘Responsible Person’ form to
Mr Gounden to confirm the appointment.
13. 6. GOVERNANCE
13.1 Year Plan and Compliance Update
The Manco discussed the schedule of meetings, evaluations and monitoring
requirements for the year in terms of a year-plan i.e.:
Item Next Due
Manco Meeting 20 February 2018
Service Provider Evaluations After every meeting
Risk Renewal June 2018
Issue of benefit statements June 2018
13.2 KPI Scorecard
Mr Tillett asked the Manco to complete the KPI scorecard as provided in the agenda. Mr
Tillett added that this would enable the Manco to establish where service delivery Manco
needed improvement and to take corrective measures where required.
14. DISCLOSURE
Mr Tillett stated that it was good governance to obtain copies of the Manco member’s identity
documents and proof of residence. The Manco undertook to provide Mr Tillett with the
documents requested. Manco
15. GENERAL
15.1 Section 14 Transfers Sanlam Umbrella Provident Fund
It was confirmed that the Section 14 transfers from the Sanlam Umbrella Provident Fund
to the Link2Link Umbrella Provident Fund had been finalized. Mr Tillett provided the
Manco with statements confirming the transfer value received in the Link2Link Umbrella
S Gounden
Provident Fund on behalf of each member. Mr Gounden undertook to distribute these
statements to members.
The Manco requested Mr Tillett to obtain details regarding a member (Motsoneng) who
G Tillett
still had a benefit in the Sanlam Umbrella Provident Fund which had not transferred to the
Link2Link Umbrella Provident Fund.
16. NEXT MEETING
It was confirmed that the next meeting would be held on 20 February 2018 at 10h00 at the
offices of Reef Tankers.
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