Tag: retirement fund

The new proposed mandatory retirement fund – storm in a teacup or a powerful example?

The new proposed mandatory retirement fund – storm in a teacup or a powerful example?

On the 18th of August 2021, the Minister of Social Development, Lindiwe Zulu, published The Green Paper On Comprehensive Social Security And Retirement Reform (2021). It sets out the Government’s proposal for a mandatory, comprehensive retirement and social security system. 13 days later, on the 31st of August 2021, the Minister withdrew the controversial document without saying why.