• Wed. Nov 23rd, 2022

Cash-strapped consumers hoping to withdraw some of their pension money while working will not be able to do so until 2022.

Aug 12, 2021

JOHANNESBURG – Cash-strapped consumers hoping to withdraw some of their pension money while working will not be able to do so until 2022.
Former Finance Minister, Tito Mboweni, said late in July, there was a move to expedite the matter of partial early withdrawals.
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But, Treasury says legislative processes and amendments must be followed before this can happen.
Treasury also says the Government Employees Pension Fund will be excluded from the proposal.
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