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South Africa

South Africa Forum/Politics

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Ramaphosa assures MPs pension funds used to invest in infrastructure will be protected

ewn.co.za/2025/0...

submitted 12 months ago by Lthabo1999

Ramaphosa assures MPs pension funds used to invest in infrastructure will be protected

submitted 12 months ago by Lthabo1999

Ramaphosa assures MPs pension funds used to invest in infrastructure will be protected
  • President Cyril Ramaphosa assured MPs that pensioners' funds used for infrastructure investments will be protected, emphasizing that these are not state resources.
  • He mentioned that amendments to pension fund legislation allow for these investments, which will also encourage more private sector investment in infrastructure.
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