(a) The National Treasury has not paid out the remainder of any employee’s contract before the contractually stipulated date of termination of the contract for any financial year since 2008.
(b) Yes, the following entities paid out the remainder of the employees’ contractually stipulated date of termination of contacts for the specified period;
FINANCIAL INTELLIGENCE CENTRE
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
2010-11 FY |
R 35,741.50 |
Goitsimang April |
Settlement agreement |
R 445,677.08 |
Dineo Motsepe |
CCMA Settlement agreement |
|
2013-14 FY |
R 93,970.00 |
Derick Letlonkane |
Service no longer required |
GOVERNMENT EMPLOYEES PENSION FUND
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
2010-11 FY |
R 1,548,217.00 |
M Ramataboe |
Board agreement |
GOVERNMENT PENSIONS ADMINISTRATION AGENCY
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
2013-14 FY |
R 191,799.00 |
Mr. J. Ramatlhape |
Permanent CIO was appointed |
LAND BANK
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
2011-12 FY |
R 527,769.64 |
Lehlohonolo Andrew Makenete |
Mutual agreement |
PUBLIC INVESTMENT CORPORATION
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
2014-15 FY |
R 3,188,014.00 |
Confidentiality agreements |
Voluntary termination of contract |
SOUTH AFRICAN AIRWAYS
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
2008-09 FY |
R 9,350,000.00 |
K Ngqula |
Seperation Agreement |
SOUTH AFRICAN REVENUE SERVICES
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
2008-9 to 2014-15 |
R 4,745,571.68 |
Confidentiality agreements |
Confidentiality agreements |
SASRIA
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
2010-11 FY |
R 766,800.00 |
Mr Collin Macheke |
Position became redundant after restructuring. |