Light in the financial tunnel
Members of the Transnet Pension Fund may get their well-deserved pension if their class act against this state-owned company succeeds.
The North Gauteng High Court last week granted an order allowing these pensioners to take Transnet to court.
This law-suit will be on behalf of about 65 000 former Transnet employees.
Wynanda Coetzee of Geyser and Coetzee Attorneys, acting on behalf of these pensioners, says there are people from Springs affected by this court case.
She says some pensioners get between R1 to R2 000 pension per month.
Many of these Transnet pensioners live on dog food to survive and many, as a result of financial troubles, had committed suicide.
Coetzee says Geyser and Coetzee Attorneys is the only company that is acting on behalf of the pensioners.
“We are doing it for free, but political parties and other organisations are acting as if they are the clients and giving instructions as if they are conducting this litigation on behalf of the pensioners,” says Coetzee.
“There is no political involvement or affiliation in this case.”
Should any person or entity wish to assist with funding the expenses, the attorneys will receive donations in a trust account and appoint independent auditors to manage such funds.
“These expenses exclude legal funds of the attorneys and counsel,” says Coetzee.
She says after the high court’s grant of last week, the attorneys now have to compile a list of people affected by the Transnet Pension Fund.
Members of the fund have a say in if they want to be part of the class act or not.
Coetzee requests anyone who wants to be excluded from the action, to call her on 012 663 5247.
