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Two pot system explained

326,963 views • 2 years ago •via X (Twitter)

9 Comments

Mantoko's profile picture
Mantoko2 years ago

Vavi is correct and why politicians are quite about it?and people of South Africa are so happy for this nonsense things mara? South Africa nna ke tlo tsamaya ka lebotsa sese🤞🏾

News and Chill's profile picture
News and Chill2 years ago

People are eagerly waiting for September, we are paying lobola with 2 pot money gents focus

Fitzgerald Kagisho Sidumo's profile picture
Fitzgerald Kagisho Sidumo2 years ago

Mr Vavi is correct with one minor correction. As per his example, an entrant into the labour market post 1 September 2024 will only have access to their Savings pot in the event of resignation/lay off before retirement age. ie access to 1/3 of the fund not 10%.

Siyabonga. SA 🇿🇦's profile picture
Siyabonga. SA 🇿🇦2 years ago

Vavi is correct. If you were employed after the first of September, you will not have the "Vested pot", you'll only have Retirement and Savings pot. The only money you'll receive in case of retrenchment is the 10% in the savings pot.

🎙Tebogo Koma🎙's profile picture
🎙Tebogo Koma🎙2 years ago

It’s all about tax, the 2 pot system is GNU’s sneaky way of raising state revenue

Vukuzumbethe's profile picture
Vukuzumbethe2 years ago

I don't know how South African workers are actually taking this shit lying down... Majority of these workers won't reach the age of 60 alive

Mphage ✌✌ 🇿🇦🇬🇧's profile picture
Mphage ✌✌ 🇿🇦🇬🇧2 years ago

I'm still confused, I'll keep my headpot

Businessman's profile picture
Businessman2 years ago

This is a scam this thing must be cancel

Me's profile picture
Me2 years ago

Two pot is a scam. They forgot to tell you that if you took R30000 tjat R30000 will be addded to your basic income thw whole year meaning youll have a new tax bracket the whole year.

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