pensionlatest news & developments
With soaring costs of living and priority given to paying off debts, fewer people are putting away adequate amounts that might one day give them the option of stepping away from full-time employment.

Editorial: Retirement a daunting prospect

A declining number of middle class people are saving for retirement in South Africa

  • Eyaaz
2 min read
Finance Minister Enoch Godongwana delivers the 2025 Budget. Photo: Jeffrey Abrahams/Gallo Images

Mid-term budget: Godongwana introduces early retirement plan

An amount of R11 billion will be set aside to allow people early exit from public service

  • Eyaaz
3 min read
Taxpayers who owe money to the revenue service must expect that these debts could be settled from the withdrawals, leading to a lower payout

Explainer: How the ‘two-pot’ retirement fund system will work from 1 September

Taxpayers who owe money to the revenue service must expect that these debts could be settled from the withdrawals, leading to a lower payout This content is restricted to registered users and subscribers. Get Your Free Account The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member. Register Registration enables: – M&G newsletters access – notifications – the best possible experience Already registered? Login here Want to subscribe and get even more benefits? Explore our subscription offers

  • Eyaaz
1 min read