Give us your mandate!

Give us a mandate to oppose the government going after your pension.

The ANC has long had its eye on the pensions of ordinary South Africans, and this stance was reaffirmed when the party launched its manifesto recently. 

South African pensions are big - together worth over R4 trillion, making it one of the biggest pots of retirement savings in the world. They are the fruit of the labout of ordinary South Africans who have worked for many years to build up a retirement fund to provide for themselves once they have reached the end of their working lives.

The only reason that the government is now looking to possibly take away our pensions is because they have been profligate with taxpayers’ money. The government is simply spending more than it receives in revenue. When households and individuals do this, they run into debt and end up bankrupt. The government is heading down this path.

Instead of being invested in sectors which deliver a return, too much tax money and other government revenue is being wasted on inefficient state-owned enterprises, such as Eskom and South African Airways, and on mounting interest payments on debt. This spending is doing  little to help ordinary South Africans. How does the fact that the government owns an airline help a child in the Eastern Cape whose school has no running water?

Our tax money must be spent wisely and give us returns. And returns are not just financial returns. We know that if money is invested in our schools, universities, hospitals and clinics, and in making sure there is food on the table, South Africa will reap the benefits. There will be more educated, healthy South Africans capable of contributing to this great country. That should be where our tax money goes. And if our tax money is spent productively, and government spending is brought under control, there will be no need to look to pensions to fund government activities.

The government can and should create an environment in which greater sums in tax income can fund more and better schools, clinics, and other important infrastructure. This can be done, not by raising taxes on hard-working South Africans who already pay their fair share, but by creating an environment which encourages investment. This will lead to higher employment levels and more successful businesses.

Give the IRR a mandate to help protect your pension. 

We will protect your pension by building pressure on pension funds and policy makers not to allow pensions to be used as government piggy bank. Give us a mandate to be your voice. With your help we can show that tens of thousand of South Africans have given us a mandate to fight for them. You can make our voice stronger and together we can place great pressure on the government to safeguard your savings.

The IRR will not share your information with anyone outside the IRR.

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