The current economic environment is putting a lot of pressure on the cash flow of employers. The electricity crisis, the high inflation rate and the low economic growth rate are forcing companies to cut costs by reducing staff numbers through a retrenchment process.
When your contract of employment is terminated as part of a retrenchment process, you will no longer be able to be an active member of the fund in which your previous employer participates. You will no longer be able to make contributions to the fund or
