Official source
Source domain: treasury.gov.za
Collected on 17 June 2026
Always confirm details on the official source before acting.
Read out of this document by Govermate's AI, in its own words. Each one quotes the line it came from — confirm on the official source before acting.
Incentivised Voluntary Exit Programme
Eligible employees can access an incentivised voluntary exit path as part of the measures to manage the public service wage bill and renew the public service workforce.
government is introducing the incentivised Early Retirement Programme (ERP) and incentivised Voluntary Exit Programme for eligible employees.
Reference
http://www.treasury.gov.za/publications/guidelines/2026%20MTEF%20Guidelines%20for%20Costing%20and%20Budgeting%20for%20Compensation%20of%20Employees.pdf
Opening Date
1 January 2026
Incentivised Early Retirement Programme (ERP) (Ages 55 to 59)
Eligible public service employees aged 55 to 59 can apply for an incentivised early retirement option where pension benefits are paid without the standard penalty for early retirement, and an additional financial incentive is paid.
Incentivised ERP (Ages 55 to 59) • Employees aged 55 to 59 who are employed in the public service. • Approved applicants will have their pension benefits paid without the standard penalty for early retirement. • An additional financial incentive will be paid, calculated as follows:
