HomeLettersPensioners' payouts a pittance, please review

Pensioners’ payouts a pittance, please review

I am sure the majority of pensioners share my feeling that the current payouts are a mockery.

I found myself a pensioner as a result of the present regime’s skewed economic policies which resulted in the organisation I was working for down

sizing due to a decrease in business.

I am currently getting a payout of $1 510 (revalued), most of which is swallowed by bank charges.

I am therefore kindly appealing to Old Mutual to review the payout to a realistic figure since they are doing very well on the stock market.

Apparently, Old Mutual does not allow anyone to opt out of their scheme until after two years.



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