ocr: 24. Retirement benefit information Pensions Telkom SA Limited provides benefits for al its permanent employees through the Telkom Pension Fund and: the Telkom Retirement Fund. The Pension Fund is a defined benefit fundwhichwas created interms of the Post Office Amendment, Act 851 of 1991. the Retirement Fund is a defined contribution fundwhichis subject to the Pension Fund. Ad 24 of 1956. The Retirement Fundi is a lewtundwnchwas established in July 1995. Due to the factt that a material percentage of the employees exercisedineir optionto join thel Retirement Fund, this fundwas bligated to meet ...
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