National Assembly gives two-pot retirement system final stamp of approval

National Assembly gives two-pot retirement system final stamp of approval

National Assembly gives two-pot retirement system final stamp of approval In practice, the Pension Funds Amendment Bill will allow workers to make annual withdrawals from the savings portion of their retirement funds. Picture: Pexels CAPE TOWN - The two-pot retirement system received its final stamp of approval from the National Assembly on Thursday after considering technical amendments made by the National Council of Provinces (NCOP). In practice, the Pension Funds Amendment Bill will allow workers to make annual withdrawals from …