The Portfolio Committee on Public Enterprises received a petition from the Pensioners of Transnet Second Defined Benefit Fund (TSDBF) and the Transport Pension Fund (TPF). The plea of the pensioners was informed by the deteriorating economic conditions and challenges that they faced as a result of the low pensions they continued to receive. They received an annual increase of 2% on their pensions for 2 decades as per rule Rule 24 (Rule as a Schedule) of the Transnet Pension Fund Act (Act 62 of 1990) as amended in 1991 (52 of 1991); amended in 2000 (41 of 2000) and amended in 2007 (6 of 2007).