NEW LEGISLATION: 2025 ESKOM DEBT, PUBLIC SECTOR PENSION FUND PAYMENTS ACTS IN FORCE

The Eskom Debt Relief Bill and Public Sector Pension & Related Payments Bill have been signed into law and gazetted as the latest Acts to join the statute books. They are immediately effective.

The Bills were tabled in March 2025 with the original 2025/26 Budget and passed by Parliament four months later.

The Eskom Debt Relief Act:

  • reduces the amount required by Eskom for the 2025/26 financial year
  • treats the whole amount for that year as a loan convertible into equity, subject to certain conditions, and
  • provides for Eskom’s requirements for the 2028/29 financial year.

The Public Sector Pension & Related Payments Act makes ‘certain public sector pension, post-retirement medical and other pension-related benefits under legislation and collective agreements … direct charges against the National Revenue Fund’.

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Published by SA Legal Academy Policy Watch

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