Friday, 10 June 2011

A new bill that allows employees of the private sector in Ethiopia to get pension fees was approved yesterday at the regular session of the Parliament.

Earlier pension bills and directives are revised and brought together by the newly approved pension bill of government employees according to the Social, Legal, Justice and Administrative Affairs Standing Committees.

The new pension bill includes rights of pension, retirement age and related issues. The bill is designed to guarantee stability and social security for employees in the private sector.

Source: Ethiopian News Agency