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Johannesburg - The Road Accident Fund (RAF) intends honouring its commitments to claimants, CEO Eugene Watson says.
"All available cash is being put to efficient use, while continued payments to claimants is dependent on the availability of the funding received in the form of the fuel levy."
He said claims processing increased by 47% to R22.2bn in the past financial year.
"To a large degree, the improved claim payments were funded over and above the monthly RAF fuel levy by a surplus of cash which had accumulated in less productive years," he said.
Payment queues
Since June 2014, the RAF was only able to pay claims from the monthly RAF fuel levy income of R1.9bn, but, due to improved productivity and greater numbers of court orders on litigated cases, over R2.5bn worth of claims were prepared and finalised for payment.
"Claimants and attorneys are advised of payment queues and when payments may be expected. Though it will take longer than what has become practice in the past two years, payments will be made."
Over 14 000 claims were paid monthly.
Watson said safer road use would reduce claims.
