Retirement Reform: Extension of consultation period on draft default regulations
National Treasury has received several requests to extend the comment period on the draft default regulations, released on 22 July 2015 in terms of section 36(1)(c) of the Pension Funds Act No. 24 of 1956. National Treasury has decided to extend the closure of the comment period by one month, up to 31 October 2015.
National Treasury would like to thank those stakeholders who have already sent in their comments, and will accept supplementary comments from them should they deem it necessary to do so within the extended period.
The draft default regulations are available on the National Treasury website (www.treasury.gov.za).
Comments on the Draft Default Regulations in terms of section 36(1)(c) of the Pension Funds Act, No. 24 of 1956 can be submitted by 31 October 2015, to Ms Alvinah Thela, Director: Retirement Funds, Private Bag X115, Pretoria, 0001; or fax to (012) 315 5206; or per email to retirement.reform@treasury.gov.za
