Estranged husband who received R1. 5 million from RAF fights late wife's children for a share on her R1. 1 million pension fund
Despite receiving R1.5 million from the Road Accident Fund (RAF), a man was disgruntled after the Pension Fund Adjudicator (PFA) excluded him from his late wife's over R1.1 million pension fund.
Alexanda Moshimane Molokwane was married to Cynthia Thandi Ndlovu who died in August 2019, leaving behind a substantial death benefit exceeding R1.1 million.
Upon her passing, Discovery retirement annuity funds allocated the death benefit equally between Molokwane and Ndovu's two children.
However, this arrangement was soon challenged by the children, leading to a reallocation of the funds and leaving Molokwane empty-handed.
Aggrieved by this decision, Molokwane laid a complaint with the Pension Funds Adjudicator (PFA) and submitted that he was Ndlovu's surviving spouse.
Though the couple had been estranged, he asserted that Ndlovu had financially supported him up until her death, claiming he relied on her for all his living expenses.
However, the Pension Funds Adjudicator (PFA) took a different view, presenting a range of factors that influenced their ruling. Notably, they acknowledged that Molokwane had recently received R1.5 million from RAF, which called into question his claims of financial dependence on Ndlovu.
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Estranged husband who received R1. 5 million from RAF fights late wife's children for a share on her R1. 1 million pension fund
A man who received R1.5 million from the Road Accident Fund was fighting to receive a portion from late wife's R1.1 million pension fund. Despite receiving R1.5 million from the Road Accident Fund (RAF), a man was disgruntled after the Pension Fund Adjudicator (PFA) excluded him from his late wife's over R1.1 million pension fund. Alexanda Moshimane Molokwane was married to Cynthia Thandi Ndlovu who died in August 2019, leaving behind a substantial death benefit exceeding R1.1 million. Upon her passing, Discovery retirement annuity funds allocated the death benefit equally between Molokwane and Ndovu's two children. However, this arrangement was soon challenged by the children, leading to a reallocation of the funds and leaving Molokwane empty-handed. Aggrieved by this decision, Molokwane laid a complaint with the Pension Funds Adjudicator (PFA) and submitted that he was Ndlovu's surviving spouse. Though the couple had been estranged, he asserted that Ndlovu had financially supported him up until her death, claiming he relied on her for all his living expenses. However, the Pension Funds Adjudicator (PFA) took a different view, presenting a range of factors that influenced their ruling. Notably, they acknowledged that Molokwane had recently received R1.5 million from RAF, which called into question his claims of financial dependence on Ndlovu.
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