WHITE PAPER ON PENSION AND PROVIDENT FUNDS

Please find attached the latest documentation from Treasury regarding the Borrowing of monies from Provident, Pension and Umbrella funds.

Please ensure that all members are informed and advertise on all Noticeboards in all workplaces for ease of reference.

Date for comments was 31 January 2022. As stated by Treasury, please encourage South African households to save more for retirement.

Esteemed greetings,

N HAASBROEK

ACTING GENERAL SECRETARY: UNTU