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Covid-19: Pension/provident funds: best practice guideline

Covid-19: Pension/provident funds: best practice guideline

The Covid-19 lockdown has placed severe pressure on the cash flow of many businesses.

Consequently, many businesses have opted to, or will do so in future, implement a provident fund payment holiday or restructure the rules of retirement funds in a different manner.

In order to assist employers who have or need to utilise this option, we have provided members with a best practice guide, as received from NEDLAC, on how to implement these changes.

Please click here to view the guide.

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