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24/7 National Hotline: 0860 163 272 | Email: info@neasa.co.za

COVID-19: Pension/Provident funds: Best practice guideline

May 5, 2020

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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.
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