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Home Archive of News Latest News Nupsaw plans strike over new retirement fund laws

Nupsaw plans strike over new retirement fund laws

The National Union of Public Service & Allied Workers (Nupsaw) has given notice to embark on strike action against the new laws concerning retirement fund cash payouts that will be implemented on 1 March 2016.

“Workers have over many years made it clear through struggle that their choice was for a provident fund system which allowed them to choose whether to take all of their benefit or to use it for a pension,” Nupsaw general secretary Success Mataitsane said on Tuesday. In its notice of strike action to Nedlac, the union demanded that employees should have the right to withdraw their full provident fund benefits upon retirement and that there be a comprehensive social security system.

Source: SA Labour News



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