The Two-Pot Retirement Reform took effect on 1 September 2024 — restructuring SA retirement-fund access into a "savings pot" (one-third of contributions, accessible during employment) and a "retirement pot" (two-thirds, preserved until retirement). Material for foreign workers contributing to SA pension funds — changes the liquidity of accumulated pension savings.
All SA tax residents with pension funds, including foreign workers.
Primary: South African Revenue Service ↗
Verified 2026-04-19 · methodology · report a correction