Section 37C of the Pension Funds Act came into effect in August 1976. This section regulates the benefits payable upon the death of a member of a retirement fund. Ultimately, Section 37C places the onus on a fund’s board of trustees in identifying and allocating these ‘death benefits’. This article serves as an introduction to our series on the duties and responsibilities of trustees under Section 37C.
Listen to the article read aloud below.