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Home » Pension fund contribution arrears hit $600 million

Pension fund contribution arrears hit $600 million

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CONTRIBUTION arrears to pension funds have reached $600 million, the Insurance and Pensions Commission (IPEC) disclosed on Tuesday. IPEC head of pensions Josphat Kakwere said the arrears had reached $600 million as at December, 2017. “Contribution arrears amounted to $600,31 million as at 31 December 2017, accounting for 14,89 percent of total assets as at…

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