The government has just given the green light to exchange government employees’ pension money for Eskom’s bad debt. That is madness! Eskom shares cannot yield any dividends –- so that’s theft! Solidarity issued a letter of caution to the boards of the Government Employees’ Pension Fund (GEPF) and the Public Investment Corporation (PIC) to prevent any pension money from being used as bailout for Eskom.
Solidarity is going to hold the GEPF, as well as the fund’s trustees liable for #PensionCapture