Can employers pause pension contributions at will, especially when the company is in financial trouble?
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GUEST – Muvhango Lukhaimane – Pensions Fund Adjudicator
In times of economic uncertainty, businesses often face tough financial decisions. One question that frequently arises is: Can employers pause pension contributions at will, especially when facing financial trouble? Is this a legal option, or are there strict regulations in place to protect employees’ retirement savings?
In times of economic uncertainty, businesses often face tough financial decisions. One question that frequently arises is: Can employers pause pension contributions at will, especially when facing financial trouble? Is this a legal option, or are there strict regulations in place to protect employees’ retirement savings?
