Pension Fund Changes | Cosatu weighs in on retirement funds

The government is amending the law regulating retirement savings to help people who are heavily indebted. eNCA speaks to Cosatu deputy parliamentary coordinator, Matthew Parks. Courtesy #DStv403

JOHANNESBURG - Cosatu is confident that giving workers access to one-third of their retirement funds will have positive economic spinoffs.

READ: Draft legislation on accessing pensions promised for mid-year

The government is amending the law regulating retirement savings in order to help heavily indebted people.

The new regulation is expected to come into effect next year.

Watch the video above for more details.

Source
eNCA

Paid Content