The eagerly anticipated arrival of the two-pot retirement system, which came into effect on 1 September, has revealed a distressing trend. Authorities have outed thousands of non-pension paying employers, writes Legalbrief. Thousands of employers have failed to make their obligatory ... Read More
State Security Agency (SSA) staff were plunged into fresh turmoil last week when Minister in the Presidency Khumbudzo Ntshavheni told a gathering of senior staff that those above 50 would be encouraged to take early retirement packages. Morale at the ... Read More
‘Absolutely reckless’ use of monies belonging to employees and workers in SA has seen the UIF and the Compensation Fund lose hundreds of millions through high-risk investments in unlisted companies. Moneyweb reports that Sonja Boshoff, chair of the Select Committee ... Read More
As the City of Johannesburg grapples with financial difficulties including water shortages, the looming threat of power cuts by Eskom due to unpaid bills, and rising fatalities linked to spaza shops, the council has approved a salary raise for its ... Read More
Companies enforcing strict return-to-office policies, like Amazon and The Washington Post, risk alienating top-tier talent. This is according to Sarah Green Carmichael who says leaders such as Elon Musk and Vivek Ramaswamy frame this as a way to encourage resignations ... Read More
Approximately 33.7m working days have been lost in the UK as a result of work-related ill health or injury in the past year. People Management reports this is according to the Health and Safety Executive’s annual report that showed ... Read More
A new report by Rio Tinto Group showed 39% of workers surveyed by the world’s second-biggest miner had experienced bullying within a 12-month period, up from 31% in 2021. Two years after Rio Tinto pledged to address toxic cultures that ... Read More
A new Bill allowing employees to take paid sick leave to care for their pets has been proposed in New York City. The Bill, introduced by Democratic councilman Shaun Abreu, updates the Earned Safe and Sick Time Act to allow ... Read More
CEOs should have their pay capped to maintain a fair balance between workers and bosses. The Guardian reports this is according to a poll by the High Pay Centre think tank that found a majority of respondents in favour of ... Read More
* A bogus Cape Town doctor has been sentenced in the Bellville Specialised Commercial Crimes Court to two years' direct imprisonment. The judicial process also invoked his suspended sentence of five years' imprisonment for similar offences that he had been convicted ... Read More
* Dozens of former municipal workers employed on contracts through the Expanded Public Works Programme have been sleeping in protest in Medwood Garden outside Durban City Hall for a month now. Their contracts were terminated in July. Many had worked on ... Read More
* The parliamentary Police Committee has discussed the suspension of a whistle-blower who revealed alleged misconduct at the Philippi Police Academy in Cape Town, involving an R114m academy budget and no financial audits, and was suspended without pay last week. Read More
Financial Services Tribunal: SA Retirement Annuity Fund v Pension Funds Adjudicator and another Judgment: 15 November 2024 Keywords: Pension Funds – reconsideration application – allocation of death benefit – pension fund not bound by member’s beneficiary nomination Summary: The late ... Read More
