Two-Pot Retirement Reform in force
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.
Who it affects: All SA tax residents with pension funds, including foreign workers.
South African Revenue Service ↗ · verified 2026-04-19