Sunday Times

Looting of pension fund will spark riots

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I READ with dismay and anger that there is a plan to use the Government Employees Pension Fund to bail out SAA.

I and many sane South Africans who contribute to it object to this proposed looting of the fund, there for one specific purpose — the wellbeing of pensioners today and in the future. This objection applies to all state-owned enterprise­s.

Should this lunacy carry on, it will invite rioting of catastroph­ic proportion­s and downgrade South Africa to junk, which we can ill afford. — Freddy, by e-mail

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