Two employees can lose their jobs on the same day, for what looks like the same reason, and walk away with completely different rights and completely different payouts. That is the reality behind retrenchment vs dismissal, and getting this distinction…
If you lose your job tomorrow, your bond, your car repayment, and your credit card balance do not pause with you. That is exactly the gap retrenchment cover is designed to fill, and it is one of the most misunderstood…
More than 4,300 people lost their jobs at the South African Post Office in one of the largest retrenchment processes this country has seen in the public sector. If you worked for SAPO, or you still do and you are…
Your retrenchment letter is not just a formality your employer hands you on the way out the door. It is a legal document, and what it says, or fails to say, can determine whether you were treated fairly under South…
You have 30 days from the date of your dismissal to refer an unfair retrenchment to the CCMA. Most people do not know this, and by the time they start asking questions, weeks have already passed. If you have just…
Most people who withdraw from their savings pot do the calculation wrong. They look at their fund balance, pick a withdrawal amount, and assume they will receive that amount minus “a bit of tax.” Then the money arrives and it…
Take a R30,000 withdrawal from your savings pot and you might expect R30,000 to land in your account. What actually arrives is closer to R20,000. Sometimes less. That gap is the tax SARS collects on your withdrawal, and understanding how…
Since the two pot retirement system launched on 1 September 2024, South Africans have submitted hundreds of thousands of withdrawal claims. By early 2025, fund administrators like Old Mutual, Sanlam, and the Government Employees Pension Fund had already processed billions…
Retirement fund assets are among the most valuable things a couple accumulates during a marriage, and they are also among the most misunderstood during divorce proceedings. The two pot system divorce question has become increasingly complicated since September 2024 because…
Many South Africans search for “FNB two pot system withdrawal” expecting to find a way to access their retirement savings through the FNB app or at an FNB branch. The reality is more nuanced, and misunderstanding it has caused genuine…