1 reviews | Active since Member
I am writing this review for the 2nd time this year already. Based on my age I would like to say the current regime is worse than the past. Monies are being misused by the powers that be and as ordinary citizens we are left to fend for ourselves. No wonder there are so many money scandals committed by the big shots of this country. I have been asking the National Treasury if I could at least withdraw even if it's a quarter of my pension invested. Currently I am getting a very small living annuity per month. My circumstances are different to other people, we all have different situations and obligations in my case I am struggling to live on the small monthly annuity I receive. Due to my age I retired at the end of 2018 I had been with that company for 7 years only and prior to that I was unemployed. Why can't they look at individuals needs and circumstances instead of just creating rules that affect all of us. I have a house which is still mortgage, I have to pay rates and taxes, I have Burial policies that I am paying so that I am not reliant on the state to bury me or my family. A quarter of my living annuity will help me push my bond so that the installment decreases as well. Is it fair that we suffer like this when our monies are creating interests for the insurers? The worst part is that my Sassa grant is also less than the benchmark. In the past they told me it's less because I was getting UIF, my last UIF installment was in Feb/March, so is my Sassa grant still not on the top notch? We are struggling as South Africans and we have no where to go and yet those who are in power are having the best time of their lives at our expense. Rules are made to be amended and like I say it's not everyone that has a situation like mine therefore why are there no exceptions to the rules based on individual circumstances? Where does one go in a situation like this?
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