Masithethe iThacsa – we’re talking Two-Pot system No: 1

Dear member

The Two-Pot retirement system represents a fundamental shift in how retirement funds are managed. It is essential that you are well-informed about the changes and how these may affect your retirement planning.

Attached are downloads explaining four of the changes coming:

Click here for a summary of the Two-Pot system.

Click here for an explanation of the vested component, where your retirement savings in Thacsa up to 31 August 2024 will be protected.

Click here for more on the savings component, which is the cash amount you will have access to in financial emergencies from 1 September 2024.

Click here to learn about the retirement component, which you will not be able to access and must buy a pension with when you retire.

Thacsa will also be hosting an information webinar further explaining the Two-Pot system on Wednesday 17 July from 15h00 to 16h00. More information will be sent to you.

For any Fund information you can call 0860 22 22 88