By SANews, SA government news service –
Government has no intention to nationalise people’s pension (or provident) funds, or prevent them from accessing their money, says the Department of Basic Education.
This comes after rumours alleged that government would take away people’s hard-earned pensions, and prevent them from accessing their funds.
The department says the rumours were based on a misunderstanding of government’s proposals.
Instead, the department says government has proposed retirement reforms, which will protect employees when they retire.
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