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Minister in the Presidency Khumbudzo Ntshavheni clarifies misconceptions about SSA retirement policies, emphasizing that the agency's severance package programme is entirely voluntary and part of a broader government initiative to address skills gaps and enhance professionalism.
For many, retirement doesn’t feel like stepping into freedom - it feels like falling off a cliff
The minister added that defunding of the department has had a negative impact and has put it in a tough situation in many ways.
Defence Minister Angie Motshekga proposes early retirement for government officials as a strategy to alleviate financial strain on her department.
SARS reports R11 billion to R12 billion collected from two-pot savings withdrawals.
Sars reveals that over two million taxpayers have accessed their savings pot, with R 43. 42 billion paid out to date.
The essential factors to consider when purchasing a retirement apartment, from location and safety to costs and natural spaces.
While the benefits of investing in a more manageable apartment lifestyle are apparent, retirees must weigh key factors before making their decision.
The Bloemfontein High Court ordered the municipality, mayor, the CFO and the municipal manager, to personally pay more than R14. 7 million over to the Municipal Workers Retirement Fund.
Retirement planning is more than just a one-time event; it is a continuous journey that evolves with each stage of life.
As the New Year begins, many South Africans find themselves reflecting on their financial future, particularly their retirement planning options.
National Treasury is set to introduce significant changes to the retirement landscape with the 2025 draft Revenue Laws Amendment Bill.
Estate planning refers to growing and protecting your assets over your lifetime and planning how those assets will be managed and transferred after your death.
The South African retirement system has undergone a significant overhaul, with the introduction of the two-pot retirement system.
Retirees in three old age homes are furious at how the homes are run and accuse the board of being illrgitimate.
In a remarkable development for the property market, the KwaZulu-Natal South Coast has once more been recognised for having seven Blue Flag beaches.
The FSCA said that thousands of employers have defaulted on their mandatory pension fund contributions, totalling R5. 2 billion.
Track the status of your two-pot retirement system application with ease through WhatsApp or the Sars USSD service.
The portfolio committee on police expresses serious concerns about SAPS’s recruitment strategies and the deteriorating state of police station infrastructure, highlighting the urgent need for reform.
South Africans who retire overestimate their savings while underestimating their costs, resulting in major financial challenges throughout their golden years.
The SARS yesterday updated the total figures for tax directives received concerning withdrawals from the Savings Withdrawal Benefit under the Two-Pot system.
Hawks arrest Kamiesberg municipal manager Rufus Beukes, following a R2 million pension fund scandal involving unpaid employee contributions.
Cosatu said the public sector is not bloated - in 1994 there was 1 million public servants for 34 million citizens compared to the current 1. 2 million workers to cater for 64 million citizens