Cosatu wants the government to double the COVID-19 relief fund aid but its General Secretary Bheki Ntshalintshali denies reports that the matter was deliberated at the Nedlac meeting with President Cyril Ramaphosa. Courtesy of
JOHANNESBURG - Cosatu has submitted an urgent request to Finance Minister Tito Mboweni to allow workers to access a portion of their retirement funds.The union body's request is contained in a formal letter sent to the minister. Cosatu says many of its members aren't receiving an income due to the lockdown and accessing this money is critical to their wellbeing.
We might not even get to that retirement. Better we chaw the mony before the corona catches us.
Bad idea. Funds are down drastically and people will not get anything near to what has been invested.
Cosatu knows it's not possible. We are all struggling, stop dreaming and raising false hopes. Hands off pension fund.
This is not well thought out! You access your pension and then what happens when you retire?
Cosatu is part of the reason the people are without income. They're resisting the push for the economy to be allowed to open fully.
All the workers unions must start working for our people not the companies behind our backs or we can cut you off for good
Are the Workers still pay their monthly contributions to Cosatu et al ? That would be daylight robbery. How much has Cosatu et al contribute to the ANC's Soladarity Fund ?
Nice pathway to communism
They must loan us this money without interest then we pay it back monthly.
When they retire they will demand money from gvt. Hopefully it won't be anc gvt by then, hope it would be a progressive gvt
Isn't for the retired?
So the members have stopped paying them hahaha
They always suggest nonsense. When those workers retire they will have less pension and become a burden to the state.
NO this must not be permitted, when those people retire, their benefit will be severely compromised. They will end up in the SASSA lines for grants. Where will the money come from to pay more people more grants
Kanjani
No more experienced teachers what is going to happen to our childrens
This is the call Cosatu should have stuck to from the beginning instead of collaborating with government on taking workers’ pensions to save Eskom
Morning anyone to help me out with food voucher and electricity please I'm in dark. Meter number is 14325072222. My contacts are 0815472978. Thank you for your time.
Now they have change their position.
Heheeee. Jwang?
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