Retirement fund members must not use their retirement funds recklessly when the proposed two-pot system comes into effect next year. Economist Simon Mohapi says fund members must be financially disciplined and only access their retirement funds for emergencies. The proposed two-pot system, which will apply to the Government Employees Pension Fund (GEPF) and other defined benefit funds, seeks to divide contributions into two separate pots: a savings pot and a retirement pot.
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15 сен 2024
