CANON 46: OF THE PROVINCIAL PENSION FUND

Amended at Provincial Synod 2021

  1. Name

The name of the Funds shall be “Church of the Province of Southern Africa: Provincial Pension Fund” and the “Anglican Church of Southern Africa Retirement Fund”, (hereinafter referred to as “the Funds”).

  1. Rules

The rules governing the administration of the Provincial Pension Funds shall be those contained in the Rules of the Provincial Pension Funds as registered with the Registrar of Pension Funds.

  1.  Management of the Pension Funds

The management of the pension fund[s] falls under the control of a Board of Trustees, in terms of the Pension Act 24 of 1956, who are independent from the ACSA and therefore not bound by the Canons and Constitution of the Church

  BYE-LAWS OF PROVINCIAL PENSION FUND

The bye-laws of the Provincial Pension Fund were deleted in their entirety by the amendment of this Canon by Provincial Synod in 2002.