RAND WATER PROVIDENT FUND ANNUAL REPORT 2022-2023

11.1.1 Agree the total pension expense per the reconciliation to the total pension expense per the pension expenses general ledger account. Note any differences and/or unexplained reconciliation items. In-fund pensioners Obtain a detailed pensioner payroll listing reflecting the pensioner’s name, identification number and monthly pension amount for the year ended 30 June 2023 from the Fund administrator, ‘Rand Water Provident Fund’, represented by Mr. Amos Mojapelo (Senior Accountant) and agree the total pensions amount paid to the total pension amount paid on the reconciliation obtained in procedure 11.1. From the above list, select a sample of the lesser of 25 or 10% of the number of pensioners (selected based on the selection criteria provided above), and perform the following procedures: 11.2.1 Obtain the Board of Fund minutes or resolution from the Fund administrator, ‘Rand Water Provident Fund’, represented by Mr. Amos Mojapelo (Senior Accountant) and note the pension increase percentage and the effective date of the pension increase. 11.2.2 Inspect the administration system or observe the Fund administrator, ‘Rand Water Provident Fund’, represented by Mr. Amos Mojapelo (Senior 11.2 Accountant) indicating on the administration system the pension increase granted to the pensioners. Note the percentage increase granted to the pensioners and the effective date of the pension increase. 11.2.3 Agree the percentage increase and effective date noted in procedure 11.2.1 to the percentage increase and effective date noted in procedure 11.2.2. 11.2.4 Inquire from the Fund administrator, ‘Rand Water Provident Fund’, represented by Mr. Amos Mojapelo (Senior Accountant) when the most recent (closest to year-end of the Fund) Certificate of Existence or Department of Home Affairs that indicates the alive status of the pensioners was obtained for the Fund and note the date.

Not applicable. The Fund did not make pensioner payments.

In-fund pensioners Not applicable. The Fund did not make pensioner payments.

Not applicable. The Fund did not make pensioner payments.

Not applicable. The Fund did not make pensioner payments.

Not applicable. The Fund did not make pensioner payments

Not applicable. The Fund did not make pensioner payments

Rand Water Provident Fund Annual Report | 2022-2023 89