South Africa. Unclaimed Benefits: Treasury Proposes Major Reform For Retirement Funds

National Treasury has proposed a centralised framework for administering South Africa's estimated R88 billion in unclaimed financial assets, including retirement benefits. The discussion paper outlines a system where a central administrator would manage tracing, record-keeping and claims through a single public portal, with assets potentially transferred to the Corporation for Public Deposits. South Africa Employment and HR In August 2026, National Treasury published a discussion paper titled A Framework to Centralise Unclaimed Financial Assets in South Africa, which proposes a fundamental...