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National Assembly passes bill for two-pot retirement system – what is next?

Published: March 28, 2024

The National Assembly has now passed both bills required for the two-pot retirement system to be implemented on 1 September.

Source: citizen.co.za

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South AfricaSouth AfricanMichelle ActonNational AssemblyRetirement FundAfrican Revenue Services SarsFinancial Sector Conduct AuthorityNational TreasuryAfrican Police ServicePension Funds Amendment BillPension Funds ActRevenue Laws Amendment BillOld MutualSouth African Police ServiceVested ComponentSavings ComponentTotal Retirement BenefitSouth African Revenue Services