Budget 2025: Government allocates R11bn for early retirement of 30 000 public employees

By Siphelele Dludla | Published Mar 12, 2025

The National Treasury has allocated R11 billion to facilitate early retirement for 30,000 public servants over two years, aiming to reduce wage costs and rejuvenate the public service sector. Finance Minister Enoch Godongwana announced the initiative will target employees over 55, with expected annual savings of R7. 1 billion