Regulatory Alerts2011-01-01
Pension (Salary Threshold and Exemptions) Order, 2011
The Minister of Finance, Ken Edward Kandodo, issued the Pension (Salary Threshold and Exemptions) Order, 2011, which exempts employers whose employees' monthly pension emoluments are K10,000 or less from specific sections of the Pension Act, 2011. Additionally, the Order exempts several categories of employers and employees entirely from the application of the Pension Act, 2011. These exempted categories include seasonal employees, tenants, expatriate employees holding Temporary Employment Permits, Members of Parliament in their official capacity, and domestic workers.
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