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Linux.co.za: An SA Linux Case Study--Benefit Recovery Services

Oct 11, 2005, 19:00 (3 Talkback[s])
(Other stories by Keith Nicholls)

[ Thanks to Marcwsa for this link. ]

"There is an estimated R8-billion [US$1.2/€1.0 billion] in unclaimed monies currently being held by financial services institutions of South Africa. There is also an estimated R80-billion [US$12.3/€10.2 billion] in pension surpluses that pension funds need to apportion in the next three-to-five years. Statistics show that over 1-million South Africans change their contact details every year. And this often results in benefits not being paid to the rightful beneficiaries.

"In this regard, Benefit Recovery Services (Pty) Ltd ('BRS') was formed to help track down these people and recover the money owed to them..."

Complete Story

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