New amendments will allow loans from pensions

The provision will be for pension fund members who have not yet started drawing a monthly payout from their funds, she said in Parliament on Thursday.

Serame was responding to a question by Selebi Phikwe West legislator, Dithapelo Keorapetse who wanted to know how government is assisting homeowners avoid foreclosure, given the difficult economic environment caused by COVID-19. Keorapetse wanted to know the extent of mortgage foreclosure, whether banks were still helping with mortgage deferral plans introduced last year and whether government had a plan to provide homeowners with protection through mortgage assistance relief services.