Draft two-pot retirement bills published for comment
The proposed new laws will provide limited early access to retirement funds via a savings component
The treasury is proposing the two-pot retirement system be implemented from March 1 2024. This is according to draft legislation for the system, which has been published for public comment.
The treasury said in a statement on Friday that the revised Draft Revenue Laws Amendment and Draft Revenue Administration and Pension Laws Amendment bills provide the legislative changes required to implement the first phase of the two-pot retirement system and take into account public comments received on the 2022 Draft Revenue Laws Amendment Bill...
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