News: Pension scheme ramps up

A garment worker cuts cloth at a factory in Phnom Penh. To date over 700,000 workers at private companies and factories have registered to join a nationwide pension scheme that will go into effect in 2015. Photograph: Will Baxter/Phnom Penh Post More than 700,000 workers at private companies and factories across 19 provinces have registered to join a nationwide pension scheme that goes into effect in 2015, Labour Ministry officials told the Post yesterday.

A branch of the National Social Security Fund (NSFF), the pension scheme was legislated a decade ago, but registration was only set to start this year.

Continue reading: www.phnompenhpost.com/General/pension-scheme-ramps-up.html

Source: ( The Phnom Penh Post – December 11, 2012)

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