The Public servants union is still suing the minister of finance over PIC concerns

Johannesburg – The Public Servants Association (PSA) confirmed earlier this week its plans to take legal actions against the Minister of finance Malusi Gigaba. PSA said it is suing Gigaba to protect the public servants’ pension investment.
They are still going ahead with the plan to sue even after they received a letter from Gigaba requesting for a meeting with its leaders in January.
The union also mentioned on a statement that the fact that Gigaba failed to respond to their demands has pushed them into taking further steps.
The union also told the media that it had requested a meeting with the minister in three letters. The letters are dated September 5th and October 12th and 26th 2017.
The letters were sent to him to ask him to engage with labour regarding the management of public servants’ pensions that are invested at the Public Investment Corporation (PIC) through the Government Employees Pension Fund (GEPF).
But the minister has ignored their requests for the past 3 months.
This forced the union’s attorney to issue a letter of compliance to the minister at the end of November. Gigaba then replied on the 1st of December requesting a meeting for January.

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