South Africa
Pension Funds Act compliance, made simple
6 yes/no questions on section 13A of the Pension Funds Act 24 of 1956 and the FSCA conduct standard on paying contributions. You get a score for each area and a list of gaps with what to do about each one.
ComplianceDesk gives you 9 pre-built Pension Funds Act controls, an evidence vault, audit-ready reports, and reminders before anything falls overdue — so proving Pension Funds Act compliance stops being a spreadsheet exercise.
Take the free self-assessment: a score for each area and a list of gaps to close.
What is Pension Funds Act?
6 yes/no questions on section 13A of the Pension Funds Act 24 of 1956 and the FSCA conduct standard on paying contributions. You get a score for each area and a list of gaps with what to do about each one.
- Official name
- Pension Funds Act (Employer Contributions)
- Status
- In force. Shown as in force as we understand it. Check the current text with the regulator or an attorney, since provisions can be amended or commence at different times.
Who it applies to
- Whether it applies to you depends on your size, activities and licences. Use the free "Which laws apply to me?" checker, or read the first section of the self-assessment.
- Reports say employers must pay employee deductions and employer contributions to the fund within seven days after the end of the month, and late payment is an offence.
What you have to do
Paying contributions on time
A business should be able to show that it can answer yes to these: Do you pay deductions and employer contributions to the fund within seven days after the end of each month? Do you give the fund the monthly contribution schedule with the minimum membership information the conduct standard requires? If a payment is late, is it escalated, paid with any interest the fund charges, and the cause fixed?
Directors and members
A business should be able to show that it can answer yes to these: Do directors and managers involved in financial affairs know the Act can make them personally liable for unpaid contributions? Are employees enrolled in line with their contract and the fund rules, and are deductions authorised and correctly recorded? Do you log and answer notices from the fund, the FSCA or the Pension Funds Adjudicator?
How to comply, step by step
- Paying contributions on time. Diarise the 7th, reconcile each payment to payroll and keep proof of payment. Check the standard for the fields and format, and test your payroll export against it. Keep an exceptions log and tell the fund before it reports the arrears.
- Directors and members. Include the duty in director induction and the monthly finance checklist. Match the enrolment list, fund rules and payroll deductions each quarter. Name one owner and record deadlines. The FSCA publishes lists of employers in arrears.
Sources and review status
Compiled from the public sources below. It is not legal advice and has not been reviewed by a lawyer. Last researched 2026-11-01. This is general information, not legal advice. Laws change, so check the current text and the regulator's notices before relying on it.
Every Pension Funds Act control, organised for you
The real control library ComplianceDesk seeds the moment you activate Pension Funds Act — 9 controls across 3 categories.
Paying Contributions on Time
- PFA-1.1 Contributions paid within the statutory period
- PFA-1.2 Contribution statements and member data supplied
- PFA-1.3 Late or missed payments escalated
Directors, Funds & Members
- PFA-2.1 Directors aware of personal liability
- PFA-2.2 Member enrolment and deductions authorised
- PFA-2.3 Fund correspondence and arrears notices handled
Funds, Trustees & Administrators
- PFA-3.1 Fund registered and rules current
- PFA-3.2 Board of trustees constituted and trained
- PFA-3.3 Non-compliance reported to the FSCA
Frequently asked questions
How can I check where my business stands on Pension Funds Act (Employer Contributions)?
Take the free self-assessment. It scores each area, lists your gaps with what to do about each one, and does not say you are compliant. You can save the result to ComplianceDesk to turn each gap into a task with an owner and a due date.
Is this guide written by a lawyer?
No. It was assembled from the public sources listed below and has not been reviewed by a lawyer. Treat it as a starting point and check the current law before relying on it.
How many controls does ComplianceDesk track for Pension Funds Act?
9, organised into 3 categories, ready to assign to an owner as soon as you activate the framework.
Can I track Pension Funds Act alongside other frameworks?
Yes — most teams activate several frameworks at once. Controls that overlap across frameworks can share the same evidence, so you don't collect the same document twice.
How long does it take to set up Pension Funds Act in ComplianceDesk?
Activating Pension Funds Act instantly seeds its full control library. Most teams assign owners and get their first controls moving within a day.
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