Two-pot retirement system
The 2-pot retirement system is how your retirement savings will be separated. From 1 March 2025, your retirement savings will be split into 3 components.
The vested component will be made up of your accumulated retirement savings on 28 February 2025. You’ll have access to a cash portion (savings component) while preserving the rest for retirement (retirement component).
We’ll keep you informed every step of the way - this is the place to explore up-to-date resources and learn everything you need to know about the legislation so you can empower yourself on your journey to success.
Coming into effect on 1 March 2025, the 2 pot system will change the future of retirement planning in South Africa.
Here's what you need to know:
Why is the two-pot retirement system important
- The two-pot system can help you save more for retirement, protect your retirement savings, and make better retirement planning decisions.
- The savings component gives you access to some of your retirement savings in an emergency. This can help you avoid dipping into your retirement savings too early, which can reduce the amount of money you have available when you retire.
- The retirement component is locked away until you retire. This helps protect your retirement savings from being accessed too early or lost due to financial hardship.