Presidential Commission on Pensions
Presidential Commission on Pensions Website
Head of Civil Service Annex, Ministries
Three Pension Solutions Restructuring of SSNIT scheme as a State Social Security Pension Scheme, which would pay only regular monthly pension benefits and 25 percent gratuity as lump sum to contributors. Minimum of 5 percent total contribution would be legislated, 4 percent will be hired off SSNIT while the remaining 1 percent will be contributed by employer and the employee. Third voluntary option to be privately managed with 17 percent tax rebate incentive to contributors.
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