The DSD has officially announced its withdrawal of the Green Paper on social security and retirement reforms, noting the amount of confusion and discourse surrounding some key recommendations.
On Wednesday, 1 September 2021, the Department of Social Development (DSD) informed the public that it has officially withdrawn the proposed Green Paper on comprehensive social security and retirement reforms. The DSD stated that the decision to withdraw was to provide better clarity on some of the proposed matters.
The department noted that since its publication, there has been widespread commentary and concern on some of the key recommendations highlighted in the Green Paper. The DSD is of the view that some of the technical proposals were not properly understood and that many had misrepresented the proposals, in particular, the Social Security Fund. It also noted that some areas need to be further clarified to avoid confusion and that by virtue of the Green Paper being a discussion paper, it is pleased by the level of public discourse.
See the post below.
The Department wishes to inform the public that it has withdrawn the Green Paper on comprehensive social security and retirement reforms. The decision to withdraw is provide better clarity on some of the matters entailed in the paper.
— Social Development (@The_DSD) September 1, 2021