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Island Times

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Tag: Pension Plan

Posted inTop Stories

Private sector to join pension plan bill proposed

by Leilani ReklaiJanuary 21, 2020June 11, 2020

House bill 10-126-13 adopted in the first reading last week, seeks to bring private sector employees and employers into the government pension plan fund. The bill findings stated that actuarial study conducted in 2019 on the government Pension Plan showed that by 2023 to 2025, current pension funds will be depleted.  The bill further states […]

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