National Treasury proposes more changes to the two-pot retirement system
Delaying the implementation date and raising the seeding cap are among the announcements and clarifications.
#Congress of South African Trade Unions
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Animated video explains the two-pot retirement system
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Two pots: MPs agree with Cosatu that R25 000 cap on seeding is too low
Retirement industry bodies plead for a later implementation date, but Cosatu says 1 March next year is a ‘red line’.
Labour unions weigh in on government’s social grant proposals
SA Federation of Trade Unions says a basic income grant of R1 500 a month should be introduced progressively.
