[Juba, South Sudan, TCT] – South Sudan’s pension funds manager, Kenneth Loboka Wani has revealed plans for the government to commence payment of retired civil servants by July.
In an interview, Wani told TCT in Juba that the country law demands a five percent deduction from employees’ monthly pay as government contributes 11 percent to the scheme making a total of 16 percent monthly.
“The payment of dues will commence by July this year after the body will scrutinize and verify files of pensioners across the country,” said Wani.
He said eligible pensioners include employees of the then regional government that served in Khartoum since 2006 until the country attained independent from Sudan in 2011.
“We are working to help our people claim their benefits. We are calling on all the retired civil servants across the country to register for the pension funds,” he said.
The Act enables government pay servants pension, rubbing the challenge of legal procedure that grants government authority to sort out pension matters in the fledgling nation.
“We have secured a budget of 148 million pounds from the government that will enable the body start the payment to the pensioners,” he revealed.
He reiterated that the scheme grants pensioners’ age 65 advantage to have social insurance and housing fund contributions to calculate taxable income.
South Sudan has not been able to pay retired civil servants owning to its ongoing conflict and subdued oil prices.BLOG COMMENTS POWERED BY DISQUS