two pot retirement systemlatest news & developments
The Government Employees Pension Fund said on Tuesday that it had temporarily suspended the submission of withdrawal applications from the two-pot retirement system for its members from 7 October to 21 October to allow for a system update.

Two-pot withdrawal system temporarily suspended for Government Employees Pension Fund

The fund said its system was undergoing an update and would be offline until 21 October

  • Aarti Bhana
1 min read
In the second quarter of 2025, unemployment edged up to 33.2% in the second quarter of 2025 from 32.9% in the previous quarter, while of the 10.1 million people aged 15 to 24, 35.2% were not in employment

Nedlac faces renewed pressure to address jobs crisis

While the council achieved 14 of its 16 targets, it needs to accelerate its policy implementation and support job creation

  • Aarti Bhana
4 min read
The high cost of living is making it difficult for people to save with many resigned to working into old age or relying on government grants. (Flickr)

Few South Africans are planning to retire, survey shows

The high cost of living is making it difficult for people to save with many resigned to working into old age or relying on government grants

  • Eyaaz
4 min read
While the two-pot system offers immediate relief, some may argue that it could be driving consumers towards a cycle of credit dependency that would leave them unprepared for retirement. (Getty)

Two-pot: Is tapping into your retirement savings to settle today’s debts worth risking your financial future?

While the two-pot system offers immediate relief, some may argue that it could be driving consumers towards a cycle of credit dependency that would leave them unprepared for retirement

  • Eyaaz
3 min read
(Credit: Shutterstock)

Building a socially secure future for miners: How MWPF ensures stability for its members

Ensuring a socially secure future for these miners is not just a financial imperative but a social responsibility that organisations like the Mineworkers Provident Fund (MWPF)

3 min read
Financial literacy is crucial not just for personal success but to close the gap between economic survival and prosperity, reduce debt and inequality

Financial literacy should be taught throughout a child’s school life

This skill is crucial not just for personal success but to close the gap between economic survival and prosperity, reduce debt and inequality, and for the country’s overall economic health

  • Eyaaz
5 min read

Two-pot system: Immediate benefits must be weighed up against long-term security

As South Africans decide whether to withdraw a portion of their retirement savings, it’s important that they fully grasp the potential costs involved

  • Eyaaz
4 min read