At no stage must the door of pension funds be opened for financing of SoE's.
Once this happens the hotse will bolt and the pension funds will be left pennyless in the end.
The best/only thing to do is to take extreme measures to ensure that SoE's are governed / managed properly so as.not to bleed R billion every year, only to be refinanced by some "frivolous" argument.
Those entities MUST be governed in such a way as to finance themselves and not depend on outside help as is done so easily as at present.
Is this so difficult to understand ????