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Writer's pictureEkuruleninews

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 (https://mcusercontent.com/…/Communication_11_Best_Practice_…) to view the guide.

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