SOUTH AFRICA - An ugly pensions battle lies ahead as two of the nation's largest municipal workers unions threatened strikes and legal action following the South African Local Government Association's (SALGA) move to dump municipal employees into a single newly-created fund.
Both the South African Municipal Workers Union (SAMWU) and the Independent Municipal and Allied Trade Union (IMATU) have hit out at the creation of the Local Government Pension Fund, accusing SALGA...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
