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Pension Act

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Maldives law requiring employer and employee pension contributions at 7% each

The Pension Act is a Maldivian law that mandates employer pension contributions and has been recently amended to expand board membership, suspend basic pension for elected officials, and allow fund use for housing, terminal illness, and Hajj.

📰 3 mentions 🕐 Updated 3 days, 16 hours ago 🔗 9 active relations 💡 0 insights