Have your say – Comment on Comprehensive Social Security and Retirement Reform

  • August 26th, 2021

The Minister of Social Development invites the public to comment on the Green Paper on Comprehensive Social Security and Retirement Reform – Click the link below to have your say.

The paper proposes increasing income taxes to fund a Basic Income Grant (BIG) and mandatory contributions to a state-run pension scheme.

  • The mandatory pension scheme will be funded with payroll contributions ranging between 8% and 12% of earnings.
  • To fund the lowest level of its proposed universal basic income grant, a 10-percentage point increase on income taxes would be needed to raise R200 billion per year.

WHAT IS A GREEN PAPER?
The law-making process often begins with a discussion document, called a Green Paper. This is drafted in the Ministry or department dealing with the particular issue in order to show the way that it is thinking on a particular policy. It is then published so that anyone who is interested can give comments, suggestions and ideas.
The Green Paper is sometimes followed by a more refined discussion document, called a White Paper, which is a broad statement of government policy.

This is an opportunity for you to immediately influence the proposals within the Green Paper and therefore, the outcome of the policy.

I encourage you to have your say at the following link; https://dearsouthafrica.co.za/green-paper/

(the full details and draft bill are available at the link).

Your voice most certainly counts.

PLEASE NOTE;
DearSA’s platform delivers your input individually as an official submission. Furthermore, we record all participation to form the foundation required for a successful court challenge, if required. Our participation method carries significant impact and influence on policy BEFORE implementation and is far more effective than a petition. Participants’ personal details are not shared.
Thank you for being democratically engaged, active and responsible.

Rob Hutchinson
MD, Dear South Africa