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10 December 2021 | Story Lacea Loader

The Council of the University of the Free State (UFS) approved the retirement age of all staff members to 65 this week. 

“The current retirement age for staff members of the UFS is 65 years for those appointed prior to 1 June 1998, and 60 years for those appointed after 1 June 1998. The Council’s decision to amend the retirement age to 65 comes after an extensive benchmarking process involving the university’s two labour unions, NEHAWU and UVPERSU, which requested that the retirement age of all staff members be adjusted to 65,” said Prof Francis Petesen, UFS Rector and Vice-Chancellor.

 This amendment brings the university in line with other universities and will assist in overcoming a negative impact on the recruitment and attraction of high-calibre academic and specialist staff.

 Parallel to the amendment of the retirement age in the Conditions of Services, the university is also adapting the allocation of vacation leave. “We are currently facing a challenge in terms of the provision of the staff leave liability, which has a major financial implication for the UFS. In consultation with stakeholder unions the accumulation of vacation leave has been adjusted to a maximum of five days per year,” said Prof Petersen.

 The new retirement age to 65 and the adjusted accumulated vacation leave days will be affected from 1 January 2022. Staff who are set to retire on 31 December 2021 may opt to continue to the age 65. This amendment will not apply to staff that may have already retired.

Adjusted vacation as from 1 January 2022:

Academic staff:

Current number of vacation days: 42 
Approved Leave Days
Number of vacation days: 30
Additional research leave days: 12 (non-cumulative and expires at the end of each calendar year)

Support staff:

Deputy Director and higher levels
Peromnes Level: 1 – 6
Current number of leave vacation days: 36
Approved number of vacation days: 30

Assistant Director to Officer
Peromnes Level: 7 – 14
Current number of leave vacation days: 30 - 28
Approved number of vacation days: 28

Service Workers 
Peromnes Level: 15 - 18
Current number of leave vacation days: 24
Approved number of vacation days: 24

 

News Archive

Over 300 diplomas in Financial Planning Law awarded
2012-06-28

 

Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law; Marilize Putter, top student in the Advanced Postgraduate Diploma in Financial Planning Law, Jenny White, top student in die Postgraduate Diploma in Financial Planning Law and Prof. Rita-Marie Jansen, Acting Dean: Faculty of Law at the UFS.
Photo: Stephen Collet
28 June 2012

The Centre for Financial Planning Law (CFPL) in the Faculty of Law at the University of the Free State (UFS) awarded 342 Postgraduate and Advanced Postgraduate Diplomas in Financial Planning at this year’s graduation ceremony. The ceremony was held at the Sandtion Conference Centre in Johannesburg on 19 June 2012.

Some of the distinguished guests who attended were Dr Khotso Mokhele, Chancellor of the UFS, Dr Derek Swemmer, Registrar of the UFS, Prof. Nicky Morgan, Vise-Rector: Operations at the UFS, Prof. Helena van Zyl, Director of the UFS’s Business School, Prof. Rita-Marie Jansen, Acting Dean of the Faculty of Law and Adv. Wessel Oosthuizen, Director of the CFPL. The Chief Executive Officer of the Financial Planning Institute of Southern Africa, Mr Godfrey Nti, and the Chairperson of the Board, Mr Solly Keetse, were also present at the graduation ceremony.

Marilize Putter was named as the top student in the Advanced Postgraduate Diploma in Financial Planning Law, with Jenny White the top student in die Postgraduate Diploma in Financial Planning Law.

The UFS remains the largest institution in this field. The UFS’s Centre for Financial Planning Law is also the only institution in South Africa that presents the Postgraduate Diploma in Financial Planning Law as a pure specialisation diploma.

Donors who made the event possible include:

  •  Craig Bentley of Alexander Forbes
  •  Dev Chetty of Liberty Life
  •  Henry van Deventer of Acsis
  •  Tessa Pappenfuss of Lexis Nexis
  •  Bertie Nel of Momentum

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