Cosatu warns that early retirement plan could backfire on government - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Early Retirement News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Government is targeting 30 000 public servants in the plan which would be implemented over two years

Finance Minister Enoch Godongwana announced during the Medium Term Budget Policy Statement that they were targeting 30 000 public servants in the plan which would be implemented over two years.The union says the country’s population has almost doubled since 1994, but the public sector headcount has only increased by 20%.

The labour federation’s Parliamentary Co-ordinator Matthew Parks says critically skilled people might be lost and the government could be forced to get them back. “We are taking a shortcut route, we fear it is simply because it is going to end in tears. It is not going to address the issues you need to address, the fundamental issues of growing the economy fixing the state reducing poverty and unemployment. We are not looking for shortcut measures.

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Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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