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FEDUSA Shocked by Exclusion of Public Servants from Pension Funds Withdrawal

The Federation of Unions of South Africa (FEDUSA) is deeply shocked and concerned by the exclusion of public servants from planned partial withdrawal from retirement savings. This follows National Treasury announcement on Thursday that only workers registered under the Pension Funds Act will be allowed to make partial withdrawals when relevant legislative amendment have been concluded. This announcement automatically excludes public servants whose retirement savings are governed by the .

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