On 1 September the Two-Pot Retirement System will be introduced. It changes how all future contributions and benefits to retirement funds in South Africa are treated, including the Government ...

A woman shared that after settling her debts, she had R7. She also stated that she had faith in the two-pot system, presumably hoping for the funds to assist her.

The two-pot system assists South Africans in accessing much-needed partial retirement funds. ... GEPF: The process with GEPF can take up to 60 working days following a submitted claim.

Two-thirds will be paid into a retirement pot and has to be preserved until retirement and used to purchase an annuity. For example, if you contribute R1 000 a month to a retirement fund, R333 goes to ...

Claims for withdrawals from the saving pots under the two-pot retirement system are still rolling in, with Old Mutual receiving 200,000 claims to the value of R2.3 billion so far and government ...

GEPF members will be affected by the two-pot system, which will divide members’ benefits into a savings pot and a retirement pot starting from September 1, 2024.

The committee welcomed the preparations that aim to ensure GEPF members have a user-friendly experience when using the online application system to access their pension fund information. This “app” ...

With the Two-Pot system, 10% or R10,000 will be transferred into an accessible “savings pot” when the system starts. ... GEPF invests R879. 9m in Grit’s African property development unit.

With the implementation of the two-pot retirement system in September 2024, ... GEPF invests R879.9m in Grit’s African property development unit. By Edward West.

South Africa’s Government Employees Pension Fund (GEPF) might have to increase investment in liquid assets, says head of actuarial and benefits Brian Karidza. ... As South Africa prepares for a ...

Government pension recipients are still unable to access the GEPF’s self-service platforms. Government pension fund systems offline for months after ransomware attack – MyBroadband Subscribe ...