Ngaka Modiri Molema Municipality employees air their grievances over pension funds

7 months ago 69


Employees of the Ngaka Modiri Molema Municipality in the North West have voiced their concerns, after discovering inconsistencies with their pension funds under the Municipal Employees Pension Fund. Despite contributing 7.5% of their salaries to the fund, many employees say they were shocked to find that their pension funds were not available when they inquired about the new two-pot system. This discovery has left employees deeply concerned about the management of their retirement funds. SABC News Reporter Tsholofelo Mogami and Jabu Oa-frika compiled this report. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.