KwaZulu-Natal

NAPTOSA KZN News Flash 23 of 2017:Independent Labour Caucus open letter to Government Employees’ Pension Fund

The  repeated statements by the GEPF that members of the Fund need not to panic “because the Fund has not received any proposal to help fund the SAA” does little to allay the fears of members.  The GEPF should, unequivocally, pronounce that should it receive such a request, it would be turned down, based on the fact that it is common knowledge that the SAA has an extremely poor business record that has reflected a downward spiral over the last few years, having had to be thrown a lifeline, repeatedly, by the State as majority shareholder.

Read more pdf Independent Labour Caucus open letter to Government Employees’ Pension Fund (258 KB)