The rescue practitioners’ spokesperson, Louise Brugman, said: “The shareholder is exploring a number of options for the sourcing of funds, of which some could be SEP [simplified employee pension] funding.”Brugman said: “Each employee needs to come into the office to sign for their VSP [voluntary severance package] before the approval process is completed.”Of the 5 000 SAA employees, more than 3 000 have applied for the packages so far.
He said Solidarity is consulting their legal team and senior counsel to “see if we cannot take action against SAA to enforce the plan”.
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