No progress yet on access to retirement savings as UIF Ters comes to an end
Cosatu is disappointed that the Treasury is not moving fast enough with the relief
09 July 2020 - 15:56
The National Treasury and union federation Cosatu officials met this week for the third time to consider giving retirement fund members access to their savings to mitigate the impact of income losses as a result of the pandemic and the lockdown.
Matthew Parks, Cosatu deputy parliamentary co-ordinator, says it has raised different options to give members financial relief and is a little disappointed that the Treasury has not moved with speed. He indicated that another meeting is expected next week. ..
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