DA demands answers from the Finance Minister about the GDPF

Mluleki Mrwebi
14 August 2013

The Democratic Alliance requested a week ago for Minister of Finance Praven Gordhan to investigate the depleted contingency reserve of the Government Employee Pension Fund with no success. 

The DA is calling on the Minister to establish what the exact current level of the GEPF’s contingency reserve is and what the fund is doing to ensure that the situation is turned around. 

DA Deputy MP of Finance David Ross said the DA is concerned about the silence from the Minister over the low GDPF reserves.

Ross added that the Minister needs to respond with regards to steps that will be taken by the GDPF reserves.

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