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TRUSTEE ELECTION BALLOT PAPER Name: Staff no:. I herewith vote for the following persons for the office of Employee Trustee and/or Alternate Employee Trustee of the University of Cape Town Retirement
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The two-pot retirement system at universities refers to a dual-fund structure where retirement savings are separated into two distinct accounts: one for mandatory contributions and another for additional voluntary contributions.
Typically, all employees participating in the two-pot retirement system at the university are required to file the necessary documentation, including both mandatory and voluntary contributions.
To fill out the two-pot retirement system form, individuals must provide their personal information, employment details, select their contribution rates for both pots, and submit the form by the designated deadline.
The purpose of the two-pot retirement system is to enhance retirement savings by allowing employees to separate mandatory savings from discretionary savings, thereby promoting better financial planning for retirement.
The information required typically includes employee identification details, salary information, contribution rates for both mandatory and voluntary pots, and any relevant personal financial details.
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