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based in south aftican pension context QUESTION 4 1 points 1. Which of the following persons cannot lodge a complaint with the Pension Funds Adjudicator?

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QUESTION 4 1 points 1. Which of the following persons cannot lodge a complaint with the Pension Funds Adjudicator? a. A former member of a pension fund who queries the amount of tax that was deducted from his benefit. b. A member of a provident fund whose employer fails to pay contributions to that fund. c. A member of the GEPF who is dissatisfied with the quantum of his resignation benefit. d. A former spouse of a member of a retirement annuity fund whose maintenance claim was valid and binding on the fund, but which the fund refused to give effect to. e. None of the above. 1 points QUESTION 5 1. Jean became disabled and a disability benefit from her pension fund became payable. Her benefit in that fund was R660 000 . How much can she take as a lump sum, and how will it be taxed? a. R660 000, taxed on the retirement fund lump sum withdrawal benefit tax table. b. R660000, taxed on the retirement fund lump sum benefit tax table. c. R220 000, taxed on the retirement fund lump sum withdrawal benefit tax table. d. R220 000, taxed on the retirement fund lump sum benefit tax table. e. None of the above. QUESTION 6 1. The trustees of the Smooth Sailing Provident Fund are considering a smoothed bonus portfolio as the fund's default investment policy What are the criteria for inclusion of such a policy as a default investment policy? a. The policy is not allowed to have any disinvestment penalties b. The policy must comply with regulations 28 and 37 of the Pension Funds Act, 24 of 1956. c. The circumstances under which a market value adjuster may be applied must be pre-determined. d. All of the above

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