Thank you, Chairperson. This Bill is one of the very important milestones on the developmental agenda of the ANC-led government, that seeks to normalise society and bring about equality at all levels, including in the workplace. The Minister and other members have already outlined the salient features of this Bill. It is our belief that this Transnet Pension Fund is fully in compliance and in line with the Pension Funds Act in general. The trustees would also be given adequate training in order to discharge their fiduciary duties for the benefit of the members and the fund in general. The migration from the defined benefit schemes to the defined contribution schemes in the past resulted in surpluses that were in dispute until this House passed legislation that resolved the impasse. We trust that the lessons learnt from that process will be of value to this process and would be utilised to ensure that such anomalies don't arise. We look forward to having this Bill before this House in order to pass it before the end of the session. The ANC supports this Bill.