Budget 2024 | Workers' access to portion pension

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SABC News

SABC News

5 ай бұрын

Finance Minister, Enoch Godongwana, has used his Budget Speech to reiterate the government's commitment to allow workers to access a portion of their pension savings from September.
The two-pot retirement system will allow workers to take out a once-off R30 000 from their pensions, or a portion of the value of the fund value at the end of August 2024.
Social grant recipients have also seen some increases to keep pace with inflation.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.

Пікірлер: 15
@chaukelattovulture106
@chaukelattovulture106 5 ай бұрын
I want all my money, I don't trust this government with my money.
@Esctacy411
@Esctacy411 5 ай бұрын
So the bill has been passed this time?
@NomfundoSimelane-ug2ym
@NomfundoSimelane-ug2ym 5 ай бұрын
Me too
@NomfundoSimelane-ug2ym
@NomfundoSimelane-ug2ym 5 ай бұрын
@@Esctacy411 yes
@Fifi.T
@Fifi.T 5 ай бұрын
Not my pension. I'm bowing out ASAP before law takes charge. Thank u for my 20 years of service as a medical doctor.
@premiumdanceshow
@premiumdanceshow 5 ай бұрын
Thanks for sharing
@nthabisengmotaung499
@nthabisengmotaung499 5 ай бұрын
Ngicela ukucaciselwa ukuthi when is this gonna happen about this pension funds I can hear that he saying September but which year exactly and is it for everyone or only people who works for government?
@bibo5649
@bibo5649 4 ай бұрын
Angawenzani nje yena R30000
@TheRadRingo
@TheRadRingo 5 ай бұрын
Whahahahaha ja make your voters suffer more 😂😂😂😂😂
@edwardbenjamin2723
@edwardbenjamin2723 5 ай бұрын
OK so tell me who covers the short fall in retirement? As it is 93% of south Africans cannot afford to retire about 78% of retired people receive a state pension to prop up their pensions as affordability is now a major concern. 30000 SITTING IN A PENSION FUND FOR 20 YEARS WOULD GROW EXTENSIVELY And would quadruple over 20 yeas which intern would reduce the burden on state funds but guess that does not matter as the country would be a failed state by then welcome to Zimbabwe part two
@archibaldrooi1199
@archibaldrooi1199 5 ай бұрын
I thought you cant apply for state pension if you already receiving your retirement pension whether as monthly lum sums or portions
@shaunhartmann7620
@shaunhartmann7620 5 ай бұрын
Who is paying these grants? Tax payers do and not the government(ANC).
@user-lf8fx1nd2z
@user-lf8fx1nd2z 5 ай бұрын
Please respect us we are tired with your lies
@user-ou9xf7ld2s
@user-ou9xf7ld2s 5 ай бұрын
😂😂😂😂 heeee hai kusho ubone 20 enough weee hai South Africa
@user-fo3fw7mg5o
@user-fo3fw7mg5o 5 ай бұрын
😂😂😂😂😂😂😂😂joking are you😮
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