Best Pension Lawyers in Kimberley

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

Engelsman Magabane Incorporated

Engelsman Magabane Incorporated

Kimberley, South Africa

Founded in 1948
50 people in their team
Afrikaans
English
Protecting the Law Since 1948The firm was established in 1948 by HJ Stander and was originally known as HJ Stander and Partners, but has since changed its name to Engelsman Magabane Incorporated. The firm incorporated the practices of Roelof Greeff Attorneys during 1997, Coetzee & Associates...
Duncan And Rothman

Duncan And Rothman

Kimberley, South Africa

Founded in 1881
200 people in their team
Afrikaans
English
ABOUT USDuncan & Rothman has been doing business in Kimberley since 1881. The Firm's footprint is established in the Northern Cape and South Africa as a whole. The Firm has established longstanding relationships with its clients in the farming, mining, business and property sector.Duncan &...
Mjila and Partners

Mjila and Partners

Kimberley, South Africa

Founded in 2001
English
Established on November 1, 2001, Mjila & Partners is a 100% black-owned law firm based in Kimberley, Northern Cape. The firm was founded to address the unique legal challenges faced by municipalities in the region, particularly in the realm of Municipal Law. Over the years, Mjila & Partners has...
Majiedt Swart Inc

Majiedt Swart Inc

Kimberley, South Africa

Founded in 2021
50 people in their team
Afrikaans
English
We are ready to go the extra mile in order to assist in a fast, professional and efficient mannerMajiedt Swart Inc is a young, modern, and dynamic law firm, established in August 2021, by our directors, Swetlana Majiedt and Joan-Louise Swart.Our vision is to be service-oriented and to provide our...
AS SEEN ON

About Pension Law in Kimberley, South Africa

Pension law in Kimberley, South Africa, is rooted in the larger framework of South African retirement law. It governs the operation, management, tax treatment, and control of pension funds and their associated entities. The governing authority in the region is the Financial Services Board, while the primary law is the Pension Funds Act of 1956. This law determines the rules relating to the formation, management, and dissolution of funds and also mandates rights and obligations of members and beneficiaries.

Why You May Need a Lawyer

Pension issues can often become complex, and unknowingly, you could be at risk of getting a raw deal. Here are common situations where legal help is necessary: When you are considering early retirement and need to understand its impact on pension benefits, during divorce proceedings where pension funds might be considered marital assets, in cases where you believe your pension rights have been infringed, or you may need help understanding the tax implications of your pension fund withdrawals. Pension lawyers can help defend your interests and ensure that you are making the best decision for your retirement.

Local Laws Overview

The Pension Funds Act of Kimberley and the broader South Africa area has key aspects you should be aware of. First, the creation of a pension fund requires the approval of the Financial Services Board, and each fund must have a board of trustees. Secondly, rules governing the pension fund activities must be in accordance with the Pension Funds Act and any other relevant legislation. Lastly, members have specific rights, including access to benefit statements and transparent operation. Also, issues such as fund governance, fund mergers, conversion from defined benefit to a defined contribution fund, liability of directors, and trustees are all addressed within the law.

Frequently Asked Questions

1. What are the different types of pension funds I can choose from?

There are various types of pension funds in South Africa, including defined contribution pension funds, defined benefit pension funds, and hybrid pension funds.

2. How is my pension fund calculated in case of a divorce?

The division of pension fund assets in case of a divorce depends on the matrimonial property regime under which the couple was married. Legal assistance would be essential for a definitive answer.

3. Can my employer withdraw from contributing to my pension fund?

No, your employer is required by law to consistently make contributions to your pension fund.

4. Can I cash out my pension fund before retirement?

In general, you cannot cash out your pension before retirement, except under certain conditions, which are typically dire financial states or severe illness.

5. What happens if I die before receiving my pension benefits?

If you die before receiving your pension benefits, the pension benefits will usually be transferred to your nominated beneficiary. The rules of the pension fund and its governing act will dictate the specifics.

Additional Resources

The Financial Services Board and Pension Funds Adjudicator are key resources if you're in need of legal advice about your pension fund. It may also be helpful to explore resources from organizations like the South Africa Social Security Agency and the South African Revenue Service for additional information.

Next Steps

If you need legal assistance regarding pensions, it would be in your best interest to hire a competent lawyer who specializes in Pension Law. Make sure to prepare all necessary documentation, including your pension plan details and any correspondences related to your situation. With a good lawyer, you can ensure your rights are properly represented, and your pension is secure.

Lawzana helps you find the best lawyers and law firms in Kimberley through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Pension, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Kimberley, South Africa—quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.