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USE CONSUMED PENSION INCOME FOR REBATES

From "Comment on the City’s draft Budget for 2026-2027"

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When pensioner households apply for rebates, they must also declare all their investments, rainy day savings accounts, policies, etc. This unfairly disqualifies many prudent and responsible pensioner households that survive on much less than R27,000 per month. This could be addressed as follows:

a. Base the pensioner rebate on consumed pension income and exclude interest on investments used for cumulative interest and not consumption.

b. Determine Valuations of Life right owners on the value of their life right and not on a fictitious valuation that they will never be able to cash in due to the nature of their contract with the developer.

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Profile of null harrison
Posted by:null harrison
3 months ago
the city do not regard life rights as owners and therefore the city do not give rebates on rates accounts for life rights holders

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    Profile of Bouwe van der EemsBouwe van der Eems on 10 April 2026

    Current status

    proposed