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pension fundlatest news & developments
Employers and domestic workers can contribute a national domestic workers’ pension fund operated through mobile-based platforms for easy registration and tracking contributions. (File photo)
COST OF LIVING

Union demands pension fund for domestic workers

About 850 000 people are employed as domestic workers in South Africa, contributing to 5.2% of the country’s total employment

  • Umamah Bakharia
4 min read
Freedom to express fundamental rights versus administrative action by the South African Revenue Service exposes a fundamental link to communal interests and justice in a constitutional democracy. (Oupa Nkosi)
BUSINESS

Two-pot a R4bn bonanza for Sars

Many South Africans are relying on the new two-pot retirement system for immediate financial relief

  • Anathi Madubela
6 min read
Muvhango Lukhaimane dismissed a complaint against Old Mutual Wealth Retirement Annuity Fund, which had refused to recognise a claim by the twins’ mother after the death of the sperm donor. (Nadine Hutton/Bloomberg via Getty Images)
NEWS

Sperm donor twins can’t benefit from life insurance, pension fund adjudicator rules

The children’s mother filed a complaint against the Old Mutual Wealth Retirement Annuity Fund after it declined a claim

  • Lyse Comins
6 min read
For years, local government has been plagued by instability, political infighting and allegations of cadre deployment, with many municipalities struggling to deliver basic services such as water, electricity, refuse removal and road maintenance.
COLLECTIVE AGREEMENT

Municipal employees to get a 3.5% increase after wage deal

The South African Local Government Association said a three-year wage deal had been agreed on the remuneration of municipal employees

  • Anathi Madubela
2 min read