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IOL Business reports that the Government Employees Pension Fund (GEPF) has moved swiftly to dismiss widespread reports alleging that the retirement age for its members has been changed.
This came after widely circulated reports claimed that the pension fund had officially shifted the retirement age for public sector employees from 65 to 67 years. The reports further claimed that "this major policy adjustment aims to improve pension sustainability and align with increasing life expectancy across the country". However, in a post on X on Friday, the GEPF categorically denied the claims, stating that the retirement age for government employees remained unchanged. The fund further clarified the current retirement age structure for its members as follows: early retirement – 55 to 59 years; normal retirement – 60 years; late retirement – 61 to 65 years.
- Read the full original of the report in the above regard by Mthobisi Nozulela at IOL Business
Get other news reports at the SA LabourNews home page