Which of the following deductions can be made from a retirement fund member’s fund benefit? Choose the correct option. a. An outstanding housing loan granted by a pension fund to a member. b. A computer loan by a provident fund member’s employer on which the member still owed the employer R250 when the member left employment. c. Damages caused by a pension fund member to his employer following an accident with the employer’s pool vehicle, to which the member admitted liability in writing. d. Compensation to a provident preservation fund member’s employer as a result of the member’s fraud, in respect of which the employer obtained a court judgment. e. None of the above.
Which of the following deductions can be made from a retirement fund member’s fund benefit? Choose the correct option. a. An outstanding housing loan granted by a pension fund to a member. b. A computer loan by a provident fund member’s employer on which the member still owed the employer R250 when the member left employment. c. Damages caused by a pension fund member to his employer following an accident with the employer’s pool vehicle, to which the member admitted liability in writing. d. Compensation to a provident preservation fund member’s employer as a result of the member’s fraud, in respect of which the employer obtained a court judgment. e. None of the above.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following deductions can be made from a retirement fund member’s fund benefit? Choose the correct option.
a.
An outstanding housing loan granted by a pension fund to a member.
b.
A computer loan by a provident fund member’s employer on which the member still owed the employer R250 when the member left employment.
c.
Damages caused by a pension fund member to his employer following an accident with the employer’s pool vehicle, to which the member admitted liability in writing.
d.
Compensation to a provident preservation fund member’s employer as a result of the member’s fraud, in respect of which the employer obtained a court judgment.
e.
None of the above.
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