Govt on private pension

30 May 2011 02:39 pm

The proposed private sector pension scheme (PSPS) would be optional and employees could obtain their contributions with interest if they leave a job before mandatory 120 months to be eligible for the pension benefits, the government said.

The government in a bid to dispel doubts on the proposed private sector pension scheme said it would be presented in Parliament only after incorporating amendments and suggestions from all stake holders. (SAJ)