UIF CONTRIBUTION CEILING INCREASE AND PENSION FUND WITHDRAWAL INCREASE

UIF Contribution Ceiling Increase And Pension Fund Withdrawal Increase

Recently, changes have been made to the regulations regarding the capped amounts of contributions to be made to the UIF on the one hand and withdrawals from retirement funds on the other hand.
The purpose of this Act is, among other things, “to create offences which have a bearing on cybercrime; to criminalise the disclosure of data messages which are harmful …” and creates mechanisms and procedures for determining and prosecuting the criminalised activities enumerated therein.