19.1
Where an Employer and Members are financially distressed and the Employer and Members are unable to pay contributions as required in terms of the Rules, the Committee may, at the written request of the Employer, authorise a temporary reduction or suspension of contributions. In such case, notwithstanding any other provisions of the Rules, one of the following special provisions, as advised by the Employer, shall apply in respect of an affected Member with effect from a date as agreed between the Employer and the Committee:
(a) the Member shall not be required to contribute to the Fund;
or
(b) the Employer’s contributions in respect of the Member shall be limited to the contributions required in terms of Rule 4.2.2 or Rule 4.2.2(a) of Annexure C (if applicable);
or
(c) (i) the Member shall not be required to contribute to the Fund; and
(ii) the Employer’s contributions in respect of the Member shall be limited to the contributions in terms of (b) above.

---

19.2
The Fund shall be required to inform the affected Members of an Employer’s request to reduce or suspend contributions, within 30 days of receipt of such request. The Fund shall, upon request by the Financial Sector Conduct Authority, provide copies of the communication sent to the affected Members in this regard.

---

19.3
The Fund shall be required to keep a proper record of the affected Members.

---

19.4
The special provisions in Rule 19.1 shall apply for a period as agreed between the Committee and the Employer; provided that such period shall not exceed six months.

---

19.5
During the period referred to in Rule 19.4, Pensionable Emoluments for the purposes of:
(a) the contributions required in terms of Rule 4.2.2 or Rule 4.2.2(a) of Annexure C (if applicable); and
(b) the determination of risk benefits provided under the Fund;
shall be based on the Member’s Pensionable Emoluments immediately prior to the commencement of such period.

---

19.6
Notwithstanding any other provisions of the Rules, where an Employer and Members are financially distressed and the remuneration which constitutes a Member’s Pensionable Emoluments is temporarily reduced but contributions are not reduced or suspended as envisaged in Rule 19.1, the provisions of Rule 19.5 shall apply mutatis mutandis during the period of the reduction in such remuneration.

---