Monday, May 1, 2023

Calls for extension of pension date as confusion reigns

With just a day left for the May 3 deadline and still no clarity from the Employees' Provident Fund Organisation on how pension will be calculated or arrears transferred from an employee's provident fund to the pension scheme, subscribers are struggling to assess whether signing up for the scheme will be in their best interest. There have also been requests to push back the deadline.

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