Retirement Reforms - All you need to know
New legislation has been introduced from 1 March 2016 for retirement funds.
Do you want to know more about how the Retirement Reforms will affect your payroll? Click here to view our Customer Information Session.
* Please take note that the compulsory annuitisation element of the Taxation Laws Amendment Act 2015 (and 2013 and 2014), which affect members of a provident fund, will be postponed for 2 years. However, all the changes to payroll will still go ahead as previously communicated.
Summary of Retirement Reforms
Latest Media Statement regarding Retirement Reforms
As part of the Sage culture we would like to provide the best service possible to our clients and help them with the preparation process for the retirement reform changes.
Please watch the video from our legislation manager Yolandi Esterhuizen for a quick explanation of the legislation changes. Keep an eye on this page for more detail!