24/7 National Hotline: 0860 163 272 | Email: info@neasa.co.za
COVID-19: Pension/Provident funds: Best practice guideline
COVID-19
PENSION/PROVIDENT FUNDS
BEST PRACTICE GUIDELINE
Dear employer
The Covid-19 lockdown has placed severe pressure on the cash flow of many businesses.
Consequently, many businesses have opted to, or will do so in future, implement a provident fund payment holiday or restructure the rules of retirement funds in a different manner.
In order to assist employers who have or need to utilise this option, we have provided members with a best practice guide, as received from NEDLAC, on how to implement these changes.
Please click here to view the guide.
NEASA 24/7 NATIONAL HOTLINE: 086 016 3272
legalhotline@neasa.co.za
Regards
We are all in this together.
Privileged and challenged to be South African.