Cape Town - Debt reduction and personal management finance training is to be given to 15 000 government employees, the Life Offices Association (LOA) said on Wednesday.

LOA spokesperson Lerato Mametse said: "The need for financial education for government employees became evident in 2001, when (the) treasury stopped all payroll deductions because employees were often taking home very little or nothing at all at the end of the month..."

The treasury re-introduced limited payroll deductions in 2002, after the financial services industry agreed to help employees consolidate loans, and rationalise insurance policies.

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