Who is CEO of RAF?

At the briefing, Collins Letsoalo — RAF CEO and controversial former CEO of the Passenger Rail Agency of South Africa (Prasa), said the focus of the agency was to address and process claims within 120 days of receipt, rather than the current processing period of up to five years.

Is RAF a government department?

The RAF, as established by the RAF Act, is owned by the South African public. It is listed as a national public entity in accordance with schedule 3A of the PFMA. Government’s governance oversight over the RAF includes: Board of the RAF.

Who funds the Road Accident Fund?

The Road Accident Fund is mainly funded by a levy on Fuel (petrol and diesel sold).

How long does RAF take to pay out?

The capital (settlement amount) usually takes 180 days, from the court date to recover from the Road Accident Fund. In terms of our fee agreement, all fees and disbursements are deducted from the first available funds and the difference is paid to the client as a first payment.

How much does RAF payout?

RAF annual report: claim payouts The RAF’s 2019/2020 annual report sheds light on recent RAF payouts. According to the report, the average claim value increased by 21% in the 2019/2020 financial year, compared to the previous year. Total claims received by the RAF increased by 3%, to R43.

What documents are needed to Claim Road Accident Fund?

Supporting documents for a RAF claim Some examples of supporting documents are hospital records and medical bills, doctor’s reports, financial statements and receipts. It’s the claimant’s responsibility to submit enough supporting documentation.

How does RAF pay work?

This means that when the RAF pays, the money is paid into your lawyer’s trust account. The minimum 5% fee means that RAFPay will pay you in total up to 95% of the money. The minimum amount generally paid at upfront is R150,000. The balance is settled once you have received your RAF pay-out.

Does RAF pay for death?

RAF claims for death: What else families can claim If a loved one dies in a road accident and you relied on this person for financial support, you may be able to claim for loss of support. In 2008, the limit for loss of support claims was capped at R160,000 per annum.

How much is RAF payout?

How much do RAF officers get paid?

ENTRY LEVEL SALARIES Range from £15,985 – £39,000 depending on the role. When training with the RAF you will be paid from the beginning. While in the RAF your day-to-day living costs are dramatically lower, meaning you end up with more disposable cash in your pocket.

Can you claim RAF for a dead person?

If a close member of your family has been killed in a motor vehicle accident that was someone else’s fault and the family member who died supported you financially, you can lodge a loss of support claim with the Road Accident Fund (RAF).

Can you claim RAF without a lawyer?

The #KeepItSimple campaign by the RAF simplifies the claims process into ‘three easy steps that anyone can do on their own without needing any legal help,’ according to the fund. By handling the claim yourself, you stand to reap the full payout and benefit due to you, says the fund.

Who was the former CEO of the road accident fund?

Eugene Watson, the former CEO of the Government Employees’ Medical Scheme (Gems) and the Road Accident Fund (RAF), is facing a criminal case of fraud and theft in connection with millions of rands he owes to a Johannesburg-based businessman who invested in his advisory and consultancy firm.

What is the road accident fund in South Africa?

The Road Accident Fund (RAF) in South Africa, is a state insurer established by statute. It provides insurance cover to all drivers of motor vehicles in South Africa in respect of liability incurred or damage caused as a result of a traffic collision.

Is the RAF a division of the road accident fund?

RAFPay is an independent company and is not a division of the Road Accident Fund. All queries relating to the status of your RAF claim should be directed towards your attorney and/or the Road Accident Fund. You can contact the RAF on 086 023 5523 What agreements do I need to sign?

How long does it take to claim from the road accident fund?

Claiming from the Road Accident Fund is a long and often frustrating process. On average, claims take 4 years or longer from the date of the accident until finalisation. Unfortunately, the waiting game is not over once the matter is finalised with a court order or a settlement agreement.