Finance Minister Enoch Godongwana, in a letter, proposed that Parliament extend the date of implementation of the two-pot system from March 1, to September 1, 2024.
The new proposed two-pot system intends allowing members of retirement schemes the flexibility to access one-third of their savings before retirement while keeping the other two-thirds for retirement.
In a letter that was read out to the finance committee, Godongwana raised concerns about the March 1,