Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

South Africa May Present Pension Fund Plan, Financial Mail Says

South Africa’s plan for a national pension plan may require employees to contribute 12 percent of their salaries annually to the fund, the Financial Mail reported.

The Department of Social Development will discuss the plan at a presentation on March 7, the Johannesburg-based magazine said, citing Rowan Burger, head of investment strategy at Liberty Holdings Ltd. Employees would contribute 12 percent of their salaries, or as much as 150,000 rand ($19,487), to the accounts, the Financial Mail reported.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.