1. Johan Botha NBC Holdings (Pty) Ltd

2. OR Provident Fund value as at 28/02/2015 Provident Benefit as at 01/03/2015 Interest on Provident Benefit Pension Benefit (Contributions from 03/2015 + interest) Provident benefit as at Retirement date 1/3 rd Lump sum 2/3 rd Monthly pension 01/03/2015RETIREMENT

4.  Administration charges: Creation of additional member record Administration fee structures - One set fee, or A set fee plus a rider fee

5.  Member communication/education: Impact of reforms Allaying fears Pension/annuity options

6.  Lump sum Disability Benefits (PTD): From lump sum to ‘ill health retirement’  Set-up cost for Employer: Changes to pay roll system Adjustments to salary statements

8.  From payslip to cash flow statement: Personal financial planning.  Transfer after 1 March 2015: Hybrid arrangements…??

9.  Changes in ‘Take Home Pay’ (7.5% Member contribution Provident Fund) SALARY pmCONTR.Pre 2015Post 2015THP (+) R 5 000.00R 375.00R 4 625.00 R 0.00 R10 000.00R 750.00R 8 511.00R 8 646.00R 135.00 R15 000.00R1 125.00R12 204.00R12 438.00R 234.00 R20 000.00R1 500.00R15 579.00R15 951.00R 372.00

10.  Tax saving to work for you (R100.00 pm @ 10% interest) TERMPROCEEDSPREMIUMRETURN 5 yearsR 7 717.00R 6 000.00R 1 717.00 10 yearsR20 145.00R12 000.00R 8 145.00 15 yearsR40 162.00R18 000.00R22 162.00

12.  Members 55 years and older  Employer : Contribution Holiday  Consolidation of Funds

13. THANK YOU