SADTU warns against calls to remove workers’ representatives from Pension Fund Boards [SOUND]

# The South African Democratic Teachers’ Union, SADTU, has expressed grave concern over growing calls from business interests and sections of the political establishment to exclude worker representatives from the boards overseeing workers’ pension and investment funds. SADTU spokesperson Nomusa Cembi says proposals by Finance Minister Enoch Godongwana could undermine workers’ democratic control over their pension savings, which the union describes as deferred wages. She warns that removing worker representatives from these boards could expose workers’ savings to the risk of mismanagement and exploitation: