The impact on the employer’s pension promise to its employees when it transfers its business as a going concern in terms of section 197 of the labour relations act

dc.article.end-page34
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dc.contributor.authorVan Zyl, Gottlieb Jan Hendrik
dc.contributor.supervisorMarumoagae, Clement
dc.date.accessioned2024-06-12T13:07:37Z
dc.date.available2024-06-12T13:07:37Z
dc.date.issued2022
dc.descriptionA research report submitted for the degree of Master of laws by coursework and research report At the University of the Witwatersrand, Johannesburg September 2022
dc.description.abstractThe common law does not protect the interests of employers and employees adequately when an employer transfers its business to a new employer as a going concern. Section 197 of the Labour Relations Act 66 of 1995 guarantees transferring employees’ continuity of employment regardless of being transferred to a new employer. Section 197 of the LRA determines that the new employer effectively replaces the old employer. The transfer takes place without the affected employees’ consent. New employers may impose different terms and conditions of employment than what employees received from their old employer. Employees’ pension rights are major employment benefits that may be impacted by the transfer of business. The new employer’s retirement fund may provide benefits that are different to those offered by that of the old employer. While the transfer of business is regulated by labour law, the transfer of affected employees’ pension rights is regulated by pension law. This research report discusses how the application of pension law principles ensures that transferring employees’ pension rights are not prejudiced by the business transfer over which they had no control. In particular, this report examines the legal recourse available to employees when their existing retirement fund benefits are substantially different from what they were offered by the retirement fund which was associated with their old employer.
dc.description.submitterMM2024
dc.facultyFaculty of Commerce, Law and Management
dc.identifier.citationVan Zyl, Gottlieb Jan Hendrik. (2022). The impact on the employer’s pension promise to its employees when it transfers its business as a going concern in terms of section 197 of the labour relations act [Master’s dissertation, University of the Witwatersrand, Johannesburg]. WireDSpace.
dc.identifier.urihttps://hdl.handle.net/10539/38646
dc.language.isoen
dc.publisherUniversity of the Witwatersrand, Johannesburg
dc.rights© 2022 University of the Witwatersrand, Johannesburg. All rights reserved. The copyright in this work vests in the University of the Witwatersrand, Johannesburg. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of University of the Witwatersrand, Johannesburg.
dc.rights.holderUniversity of the Witwatersrand, Johannesburg
dc.schoolSchool of Law
dc.subjectCommon law
dc.subjectEmployers and employees interest
dc.subjectSection 197
dc.subjectLabour Relations Act 66 of 1995
dc.subjectSection 197 of the LRA
dc.subjectUCTD
dc.subject.otherSDG-8: Decent work and economic growth
dc.titleThe impact on the employer’s pension promise to its employees when it transfers its business as a going concern in terms of section 197 of the labour relations act
dc.typeDissertation
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