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Pension contribution arrears soar

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THE Insurance and Pensions Commission (Ipec) has raised alarm over the continued rise in pension contribution arrears, which grew by 18,84 percent in the second quarter of 2025, reflecting persistent defaults by sponsoring employers.Ipec’s pensions report for the quarter ended June 30, 2025 shows arrears increased to US$110,43 million, up from US$92,92 million in the…

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