Treasury moves to reform pensions

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The Standard | by Frankline Sunday

The National Treasury has kicked off the process of updating the country’s pension legislation in a move that could affect how civil servants receive retirement dues.

In a notice published Thursday, Treasury said the project is under the World Bank’s Financial Sector Support Project and is expected to take six months.

“The overall objective of this consultancy is to develop a comprehensive National Retirement Benefits Policy to be implemented over a period of six months,” said the notice…

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