Public Sector Pension and Related Payments Act, 2025 (Act No. 04 of 2025)2. Amendment of Schedule |
| (1) | The Minister of Finance may, subject to subsection (6), amend the Schedule after— |
| (a) | publishing the proposed amendments to the Schedule in the Gazette for public comment for a period of at least 30 days; |
| (b) | considering the public comment and, if necessary, amending the proposed amendments to the Schedule; and |
| (c) | tabling the proposed amendments to the Schedule in Parliament for approval, including its proposed effective date. |
| (2) | Parliament must approve, adopt amendments to, or reject the proposed amendments to, the Schedule within three months from the date of its tabling. |
| (3) | Section 13 of the Money Bills and Related Matters Act, 2009 (Act No. 9 of 2009), applies in relation to the consideration by Parliament of the proposed amended Schedule that is tabled for approval. |
| (4) | If Parliament does not pass a resolution approving, adopting amendments to, or rejecting the proposed amendments to, the Schedule within three months from the date of its tabling, Parliament is deemed to have approved the proposed amendments to the Schedule, and— |
| (a) | the Minister must, by notice in the Gazette, publish the amended Schedule, and |
| (b) | the amended Schedule takes effect on the date specified in the notice. |
| (5) | If Parliament approves the proposed amendments to the Schedule, the Minister must, by notice in the Gazette, publish the amended Schedule, and amended schedule takes effect on the date specified in the notice. |
| (6) | The Minister may amend the Schedule in terms of subsection (1)— |
| (a) | to specify the meaning of any terms; |
| (b) | to amend or omit benefits, or add benefits of the same kind, as a result of— |
| (i) | an amendment to, or repeal of, any applicable legislation or collective agreement; or |
| (ii) | new legislation or a new collective agreement; or |
| (c) | to align references with the amendments made to the applicable legislation or collective agreements or new legislation or a new collective agreement. |