The plan to force pension funds, both public and private, to invest in state-owned entities and government bonds is a bad idea.
Pension funds will end up with nothing, as has happened with some state-owned entities.
It would appear that the government wants taxpayers to make up for money lost through looting.
The world is watching this country go down rapidly. It is clear the governing party has no clue how to run the country.
MPs are failing workers, and politicians always interfere where money is involved.
They are failing to come up with plans to make state-owned entities viable. People work hard so that their money can be invested in pension funds.
Please, stop using the pensions of hard-working citizens to make up for the government’s poor leadership.
If this happens, people’s won’t be paid out their pensions when they retire and will be fed stories.
This is ridiculous.
State-owned entities are failing to provide jobs yet want to benefit from pension funds.
- )Rachel Molema Theresa Mews In a country where the government is trusted with money, perhaps this would be a good idea. But everyone in Mzansi knows what politicians do with money entrusted to them to make people’s lives better. So let’s hope, if it ever happens, that the men and women who do it have at least a conscience and an idea of the responsibility they carry. This letter wins R200 today. Call Nthabiseng at our offices to collect. – Deputy Editor