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The National Pensions Regulatory Authority (NPRA) organized a press conference to lay out its plans for the implementation of the new pension scheme which commenced 1st January, 2010 to stakeholders and the general public.  The event took place in December 2009 to inform and prepare the public for the implementation which was slated for the 1st of January, 2010. 

 The Authority tackled the Implementation Time Table for the new 3 tier pension scheme and Guidelines for Transitional Arrangements for the Mandatory Schemes.

The Authority also used the occasion to lay out its Educational and National Awareness Campaign programme and called for the support of the media in the educational campaign to ensure that all stakeholders especially the informal sector workers are well educated on the new pension scheme for the benefit of the entire workforce of the country.

 

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Over the years, concerns have been raised and agitations made by public servants over inadequacies of the level of pensions to sustain a respectable life for retired public servants. Of particular concern to most workers’ groups has been the low pensions received by workers ... | Readmore