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Categories: discovery corporate and employee benefits

Today, the President signed the Pension Funds Amendment Bill into law, following his signing of the Revenue Laws Amendment Bill last month on 1 June 2024. Visit https://www.discovery.co.za/business/two-pot-retirement-portal for more info

Two-Pot legal hurdle crossed, now the race to prepare is on - Pension Funds Amendment Bill signed into law today 21 July 2024

Today, the President signed the Pension Funds Amendment Bill into law, following his signing of the Revenue Laws Amendment Bill last month on 1 June 2024. This means that all prerequisites for SA’s new Two-Pot retirement system to take effect from 1 September 2024 have successfully been concluded. Visit https://www.discovery.co.za/business/two-pot-retirement-portal - a Two-Pot info hub for more

July is National Savings Month - the long-term intention of Two-Pot is to improve the country’s retirement outcomes by keeping South Africans in work and saving more, for longer.

July Savings Month highlights how Two Pot can improve SA retirement outcomes

With July being national savings month in South Africa it’s worth remembering that beyond providing access to retirement savings in cases of emergency, the long-term intention of Two-Pot is to improve the country’s retirement outcomes by keeping South Africans in work and saving more, for longer.

Our core purpose and values guide us in all we do. A clear and profound promise: to make people healthier and enhance and protect their lives.

Discovery is a shared value insurance company whose purpose and ambition are achieved through a pioneering business model that incentivises people to be healthier, and enhances and protects their lives.

Discovery Limited

Discovery Group Limited, 1 Discovery Place, Sandton
2196 Johannesburg
South Africa