SA Woman Unveils Pension Fund Amount and Shares 2-Pot System in Video
- A lady showcased her pension fund in a clip making rounds on social media, leaving people with mixed reactions
- In the footage, she flexed the amount, and it gained massive attraction online, gathering loads of views, likes and comments
- Netizens reacted to the stunner's clip as they rushed to the comments section, expressing their thoughts
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A young woman in South Africa showcased her pension fund in a video making rounds on social media.
Source: Getty Images
Woman shares her pension fund
The hun, who goes by the TikTok handle @homely_home6, revealed the amount in her account, which was R223 577,31. The young lady shared that due to the two-pot system coming into effect on September 1st, 2024, she would only be able to withdraw 10% of her money.
The video caught the attention of many, causing a huge debate among social media users. The clip geared many views, along with thousands of likes and comments.
Watch the video below:
People react with mixed emotions
The online community flocked to the comments section to express their thoughts on the woman's pension fund.
Baba Yaga said:
"Most of us will not see 60 years, might as well taste our hard work. Lifespan has reduced drastically."
Mrs.m_theprayingwife added:
"I am withdrawing, I don’t want to lie. I’d rather withdraw than take a loan."
Tsontso shared:
"The reason for two pots was to help us pay our debt, and after COVID-19, interest rates went up. Some lost their houses. What I want to understand is will 30k make any difference if someone lost a house."
Gareth cracked a joke, saying:
"My vacation budget is sorted, then. Will take that every Nov."
Man's rant about R8K tax and two-pot system pension fund has South Africans talking
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Briefly News previously reported that one man in Mzansi took to social media to complain about the tax, and people backed him up.
A gent who has his priorities in order showcased how he was planning for his future retirement life. The young man who goes by the TikTok handle @mashmricho unveiled the massive amount he has to pay for tax.
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Source: Briefly News
