The Institute of Retirement Funds Africa recently held and facilitated a Webinar on “Retirement Fund Contribution Options in the time of COVID-19,” and it is now freely available to employers, retirement funds and the general public.
The Webinar features a panel of legal and subject matter experts and examines regulatory parameters in terms of options available to suspend or reduce retirement fund contributions due to the impact of the COVID-19 pandemic. According to IRFA, the aim of the communication was to remind funds of the options that exist to assist financially distressed employers and employees. Such options include the suspension or reduction of contributions to the fund.
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