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Stolen pensions leave municipal workers facing bleak retirement

Stolen pensions leave municipal workers facing bleak retirement

By GhanaSummary NewsroomSouth Africa

Retirement contributions disappeared The municipal employee said he believed thousands of rands had been deducted from his salary over two years and not paid over to the retirement fund.

The employee said he approached the pension fund adjudicator for assistance, and the municipality was requested to submit the supporting documents detailing why the money was not transferred.

One of the secretaries at the same municipality said she has only 10 years of service, but her pension fund is about R700 000.

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