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Amid finalization of the preparation for the launch of the social safety system for pensions, Minister of Labour Ith Samheng has introduced that will probably be launched on October.
Quickly the 90-day marketing campaign selling the advantages of the pension system can be drawing to a detailed and Cambodia can be adopting the system. This was confirmed by native information after the assembly of the Nationwide Minimal Wage Council for Textiles, Clothes, Footwear and Journey Merchandise and Baggage at the moment.
Minister Samheng stated that by this marketing campaign on pensions, the Ministry acquired feedback and reflections of staff and employers who’re able to contribute and profit from the system.
“It is a excellent factor,” stated the Minister. “I’m assured that from October onwards the social safety pension system can be carried out and we hope that there can be no obstacles in its implementation.”
The implementation of the social safety system for pensions was introduced on 28 June of this 12 months below the provisions of the Labour Regulation. The Ministry of Labour introduced the date of the graduation of the fee of social safety contributions for pensions below obligatory contributions on 5 July.
- Tags: pensions, social safety
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