Department of Labour, 16 January 2015 Introduction of retirement mechanism for low-income earners Social security for vulnerable workers to gather impetus The Department of Labour is to start an investigation into introducing a national retirement mechanism for the low income earners in South Africa, Compensation Fund Commissioner Shadrack Mkhonto told a departmental workshop in Irene, near Pretoria today. Mkhonto told a departmental workshop that a discussion paper would be tabled soon at NEDLAC once approved by Cabinet. The Department of Labour two-day Mid-Term Review workshop that ended today (16 January 2015) was held to evaluate the department's achievements against targets set. The Strategic Plan and the Annual Performance Plan in the financial year under review, and also craft a future strategic direction. The workshop was attended by Labour Minister, Mildred Oliphant; Labour Deputy Minister Nkosi Phathekile Holomisa; department's Director-General Thobile Lamati; heads of branches and various public entities such as the Unemployment Insurance Fund; the Compensation Fund; Productivity SA; the Commission for Conciliation Mediation and Arbitration, the Sheltered Employment Factories and the NEDLAC. In the process of the investigation the Department of Labour will be securing the support of the International Labour Organisation to share its wisdom on the international best practices. The initiative(s) is/are part of government's effort to reform the broader social security system in South Africa. Another process under consideration is the inclusion of government employees in the Unemployment Insurance Fund and the Compensation for Occupational Injuries and Diseases Act (Coida) benefits. The reform of social security policies are to be aligned with labour market initiatives. Issued by: Department of Labour Enquiries: Mokgadi Pela Ministerial Liaison Officer Cell: 082 808 2168 E-mail: [email protected] -- -- You are subscribed. This footer can help you. Please POST your comments to [email protected] or reply to this message. You can visit the group WEB SITE at http://groups.google.com/group/yclsa-eom-forum for different delivery options, pages, files and membership. To UNSUBSCRIBE, please email [email protected] . You don't have to put anything in the "Subject:" field. You don't have to put anything in the message part. All you have to do is to send an e-mail to this address (repeat): [email protected] . --- You received this message because you are subscribed to the Google Groups "YCLSA Discussion Forum" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
