Draft Laws

Public Servants Pension_DRAFT_proclamation

PROCLAMATION No. ……/2021

A PROCLAMATION TO PROVIDE FOR PUBLIC SERVANTS’ PENSION

WHEREAS it is part of the country’s social protection policy to expand social insurance system and reach citizens step by step;

WHEREAS the strengthening and sustainability of the system greatly contributes to social justice, industrial peace, poverty reduction, productivity and development;

WHEREAS it has been found necessary to strengthen, to the extent circumstances allow, the public service’s pension scheme by revising and consolidating the existing laws to create suitable condition for implimentation process;

WHEREAS it has been necessary to ensure the sustainability and reliability of the public servant’s pension fund by investment requires trancparent governance system;

NOW, THEREFORE, in accordance with Article 55(1) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows:

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