0% found this document useful (0 votes)
253 views36 pages

Pension Proclamation Draft0001

Pension

Uploaded by

tside gss
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
0% found this document useful (0 votes)
253 views36 pages

Pension Proclamation Draft0001

Pension

Uploaded by

tside gss
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
You are on page 1/ 36
POA, UI 2EE IA SCEP w6-+EF med hPZ &PC 715/2003 MAAS oran VAN oth 1, co Le QATERS bukoGAR LPHGEALR LETRA ator Phe Le NtPR 90(1) Ax, LINER PAVG LOTTE vt APL, ‘A.A, amit YAN (policy framework) CR Tiér) Mk TA VCR NING LIA LCL gb aes APB dC 715/2003 naw weteT out IT ow yyy RE wd. APES COLLAR MHA (KIA LCR nen PATS AR) FNC Me SP RPE 202/2003 AERA AMOK HUI. 1 VF 2003 4.9" I APR MEE NSLI AR LAH MLO MALT ALIA AA APR LRAT AMALNTE ANASCH MAT MEAey” AETET AG AUER UDETO CTH Mean En AVPR ANEALIT WES LLAT APT PTT nae TEP, F RAH RENE Uae LU WTR PNR NIAIS SLT na ALPE DLE PF 1 LAnFar Norstar huneran Mary VIL PAT AowhMT HAA NAL MAdRAIT Oe AAND AL THIC AKLING £1 WT EMO NAM NIKFA NPR enitin Nea, U4 NOT ANLTAN NAR (ebooatel- BLT NALRAT™ LINE TICK Aeros: SE MIARG OTPAY UI NOM fin) het TELA AAI AAP LECT NET LANES AnARMY ANT IE Furr NSU DANCE Pe PHENO APR PAT POLLT 4 Nooagd: eke CTATLT POA VAM HITE SLO MLV ALS HIE COA 2. AAPR ovtitia ort PUY PS PS PHT AMPAR PHIL 4 PNPR Ler AULI® New pT rdrsy G MAA Vary? aapee entry mh Shard Fee TVR owe AECD Fe EF ay Faun Neeu's AA WCE haar PAALT AE: nant WIKad Kaoy7- TE 345/1995 oor “1k APE ABARAT AL FIC hE TFET NIAC TINA LONPRE PT A PAVEO DAVES AbIAIL TAR AU" GOAN: “Taro? NTAT* HAPR nae APR RPC S77/N1996 Fe Web THR NPE C 377/1996 veTe.tid ‘ant 4 PAPI NIRS Sdo1P Pac eT AAeLINE 4 APR thoy 1A LAP US naw 0 b NerctEE LINER PATE Ts AL AL NISLIC AMIS LTE CHC PHT EE 4 nanes ve PRL APR &PC 3877/1996 aoe AATONT “Mh PLRLT Pid GA TCA ASCE’ vad ue Me kad UE AIC AF LAR AAU LUTE PMITD ARE MGr AOEIS hoary NAL NS DNCPF NOFA NATL PLATED WEL MF NOK WALA HET oguns! LY LI RAPHY ABRAM Naddar KATE AL AF Shaoddl Wh LG EOF MANET ETF THR APR dPC 377/1996 Noourrs ALY U4 ISL ANAT Naor PPE AIA SCRE wer Ph aves OFS WINE LONIS VIA SCR WH PT BoE MbkkooNT FACT Ads WELET NLP AEE MLAA KIA KCL Laon: DAMTLAITETE MD Kd OE ar LLLLT cour Aga + Miku PHT Fan + OPE Lant PEPE LULME eS TOG MU Tee coud KIres ao'Pem bavi MELA BAI" ANA POLAT? Paned, Nae. Ak PIA nT PHY AR MART 1 hou" Pree tary Maks veTUAEe PLAGE cours 48a 3. POA, UAE GACF fiLy erie roan van eer aay ante gue Tr SANTFars Aaa WA LIA SCE wer Far MAG MERIT L7G Foot Ve SP eae AN? Paved OFS Tdet WF POP NLT IRL ras 4. WAAL PLEA ITO AIRE 41. PCAL? AhooAnE POLLITIOF NFER 2:- WON NER (1) “PIA SCRE wets Vat THOM NIA SC NeoPM Lar APNE Aar PIV Cade ‘rat b AReL wa a a 3877/1996 AATMAY WL Abbe v» wore # PrAmar’s hC TAL NPE PC Ok RLMAT AA LLTDIAE LUE ATR APR wR INO 0.10:- Pe woe PY ANWEG Wet} THE APH kEC 377/996 PLAS hoor sFart 4 PPCENTE 6. TCR: AAMT Ph SLA AF LULBL Noor AG AML: PHIST ATER 27d. AMAA AD GHTIE AN AS Peleg urd. ans Srondy Me NULL Pes laos to “ + MUPAR MANET weet RCEP eT ANI ALP 76 LUTE RIA SCRA POAT UL DIRLIATA + 4 NWA bLEBAar davde-T Ag. nap Ae EF MUNG AEM 6 CT PLM TO Noo rG SCENE MNT pao IAC AMG Uc ALOE LS RY ML? LMANTO NANA édordr NT &ABTO PILILA Noor Lye uid ALC DEAE CMe DA PM BSR Abd Aw? ML AF LLLLCh gous MLUI PHIL 127d AR. LAG Paved APE APG ar WEP ACH PU wrseh LLANE US OTE Pere Rk PAIGE dey 2 OMY haere AACE WFO APM NILLT Lvs aePer ANawHEA MF oohhatar PADLRC Mb 9d OA Abad AL mes" APO 26 ALLY ovis TAR NPR PC 3877/1996 Ak. Pttraonar AAPA ALE AbOAT NL AG Aba 226 PTLLLID L4G. OKA Veet AONE OTE TAK WAC T-I NAL Murer Fars ALAA PAR 1 NANO ghar” NCHC MT OG LOLLY OU NPR MUMLRI Wb NAA AA 7" ANd AL. AAar APE Mares- OPA LATTLIT Abady “Mh OLE ALON A PONE WELET Mares Ob NTE 4 LWUNER PAEG OFS Tr ALTE NTSC AT Ted NMA KEI FIM HERA WK, Hee. Nev PAG PATS AM howe PA ta iu tinea Vi, MICS Caves sop YLANARG POET ALCT AUT WECA LoeMU ATLNEAFO WEEE ahha PTC Mm (AbOnT Ik Me AbMAT Ad rE AAtONY “TL OHA ALT NULL AF ALOT “ML PrN Ure voTUNE POT OFS Te DIALTEL OFMNY AL Chee Net, sep PIG OR Nes NIRET us PUR PATE OFS Tt ALTE Yer ay PTE HOLE Tat FT VIO VIRIL ao POLL ITE vars PAE UIE AMAR RNEMAT CACROETE POT! PRGA ren APO ALE AAFONT MG ALM@AT he FUMES ATCA Leow FUNEATO WEPEE ANPAL LOWER PATS We WILVLTE KAAS WEE PEC Nt Or TM, 30 FF Nal MTF aK 30 $F LIMIA WEE Need- OF MAL GAVE IP A Neorg” NANFA Law AHEAD FLA i AAI NER 2(1) IA SCE wees IA NID SCE ad AVIS OC AAT Uh NoePinC Lowa AL-hEAG PAE Car Yar: NLA NAAT APR 24) AG (2) ACHE PCA ANWAR PULITIOK NIER 2 Wh ATER 7 = “AMAT IAT PRIA aes MAT Kas TREAT Ue MAT EP-AT MEH ADA MOLI CLAN LE ards ANA ALU PALE ANAT Fares anPor POAT LEM CA AA LIE LU BER AALS aoPem audi) PLING APR 26 NY VALE Leh Fars YN AL emt AomA LACH AAD SII. NINE Kad, VAN niin 5h MRAM ANA AMLAG A basi Par #CQAS flavus fly & PATA ANA US 17" vhuna? Pes AML ATER 290-0 NIER 7: AON’ WA LAID MLS ANAT POG TLAP aver ANA! ePAA 4.2. DAE E ONE PLLITIO HIPK 3 WO NIGER 2(v) VLU AMER FOO NHR (1) ©9970 LP QU APE hook st A Nbehao. PIA SCE wde4OE red OFF ML 1 ia SATO wet EE Md For OFS MOLI PT VP BIS MIO TOD Noma TAPER ee OFS NALIN UE Adan: AM WLI NID LI WILLA BLT IAT PUNE WIR ATED ANI LOUIE PATS OFS ACAT HAT 4H, 71SL7 MAT MHA LRELOd LOOM LPPT ALE KULLAOIE hooey” NAL. 35 PHIM Ran 26-4 + (Risk pooling and benefit sharing) Cu? reuhra Newy't NUE Net Far AMO FES OFS MOLI & POOHMA DAV PATTON PKS MAE PWNER PEG FO LALLA Nous hi, 16 FF 2003 49" Na -PHPLO ene TA SCE AY Sard, RIT BGR PINE F OG fils ame TIS tM HOLS Lard eden F NIA RCRA AGH mea OFS IATA ILL ANAL v's APA ans) OFS mer v1 Far Pare OFS MRP LT" wget DALU PAPE AIR 3 FO APR 2(v) AG (A) PACH: PHU ADR WON AFR (1) IID MICH PVLTET LCBLT Aer eT P7 Ath LCE Ader E AG oN AAV IO Ae ICE AL PEATE APE NEALE AL bowdCt ALY APE oohah ards Td NIALTE Le. NLA AKO FON WHER 2 1AM 4.2 Aimed LK oweRT? NLLINO AIK 9 WOH NIeR 2hc:- ALY APE ATR 3(2)\(V) awnel ager ved Oe eT Rbrekaodr PIA LC Fart PIAR PIA &CE L201 4 MLD NER HO ATPR (1) aortic Newt TF med BIS LMOGAT VST MILD APE ONT HEA HELIA con's NAL PthA Kardr aPEX wy, a rr ASC Dan LUT NTR RAPR DIK 3( AAU ADOR 9(2) POLAT LUE: 4.4 OA ardd oP NES PLLTTIOr ATER 11 WON AIR 1 ALIA PIA CET POCA PED Lard dt co PE hLavaiFar POG Pélrd a0 PE% GAITE AML I NLM PONLA Po PTAAHAT MON AER 6 AL LU WEG OLI GHAT ehimar AHA -bILO> Paves cP or dards 1% MALLET HB OC NAL LEP PIA SCRA AV har LAN AL. PEW MENTE LOMLLT AATE HATED LU WER APR PLPATEO Ft Ahoo LAMAN Pee ooPEm TH HANA OC NAL N°74E AAA IAC ALMA NILUTH AIT A Ne PTA SCRE Ag: Aros. Pb OLF FA AUT NIA CIT Ahad NRANFA POLO NoOUTrs NESREE hawk LAH LOM UE LOLI OPE THO PEST TROD Acer AA M WIARLT VIF ALN Ame SCR ram Nha OT THI Anan s'6 HACLSLITIE Lu PLP FAP LAM Ahord HALE Nour! PPE PAOLA WLITOS LATO AVEPE INET INET NoLUG He Neohy Lares awPero- WM, AANLLT LAN -bawie MerT HILy MAR. FLOOR GOUT GKNE Parad coPE™ M, ANAT API ALLO LIA? Lae PE NOFA MM, ANTLAT TH HANAN NANT Ad AL NLOA LULLED hooey MAL A&C WIAD AOMT AL FRET ALONEA LF WIS Rares OPE NOPE IM, PUPLET LC! LVI KIC AIMS L2H oF Paves Pe THT AWOL LOM LMF, OAL MTNA MM WS bY AatLUE OLY APPR FOO NIE (1) cowet PPANANO? Farr coPe™ ANI OC ONT MM, FALLT PIA SCRE M. VkLI ePE™ Loot NrhZdan oC 43 PRIA T News coFMC AATLEPCAT Ut NLRYPIO- ATER 15 FON NbeR 2 ANPH NHR 3 HOD NIK (2) (U) AG WHR 9(2) AB PERITIO> ane? NISL NHR 15(2) ALY NIK WON AFR 1 PPRITIGK TCH Lu APH heKGE NATE LIA L&C ore age ert 448 PMO HUT Lard OR MRI KF ay aed E10, AU OILY APR AHR 10 ATi Od WIAD LLUAZA OA 2kT7 IA s Adria Pare pI ATA LCE NFA Lares cope nee BUS AIR PAPH NPR 3 WON NIER (2) AT AHR 9 GOD IER (2) DRA MILD PEKAR YO OTT PELONT OX Neo NIRUI ANIER 3 + OPS WLI PEC Tbe WD AIR (2)(U) aheT MNeFO var tne Fame Aeon Maa PING Ne E NTE PALA OFT LIT PVC LS COPE ATA SCERE weed AIS NINO PLOT WSPEE Mares APR IATL APR NER 57 DION NER 6 FPA AKA IO AIER 7 NAN OILY FOAL FAN eT PPLMNT NOU GOP EM ML MLA be AMOC AIMEE AALAAAOT? Plmdtamen aes PLA MATING GPE ay NIRV ohsA NLIMAr Karas GoPE PUNT MAL PEMEPom CF CTLIF BIS TAM MES Ader Far AAeeoanN UES POLIAR 49% 00 NEP OVE TET NOLAND US ETL QALY ADPR 15 30-0 AFR 2:- AULD ATER ON AGH (1) PERITIO OCH ALU APR AIR 57 “On NIK (7) aod LtMe-Pow FAVES CPE OLI LECHLIT LL aoP or AIA CCERE Met PR adh LIS PtHMOLA Wet E NAPE NEPR 10 aot! Nida Lares aPer ovn's HINT BLUAFA? "SI OLY APE edt ame NOLIN cea LANEM ROred aoPEr ORT PPLE be C Page MAT} Hoot Ad AC AYeK 16: 16 WR NB Blew Si REPR 3 em) APTIFAKE” CTA 8 FORUTT Reding Fanny Lik MIATA CRT CP IEEE, DAN BRYAN TIL °F) MLD FAAL La NER 2 FORD SATA HA CEKaVAN PEAR EMTAA Ne 1 AL eo NER 1G IL WR 3 TA SCE Add A inofe Nemh WISH atu ATER 16 WON AIFK 3 Jao) ; APO 16 FON N66 6 OD NEG 6 NIA LC aed FEL EE MLA APE OLE Rawryerd wer P% APE cow ey Be th! WIIG NMA SCH Rab MLE coPer Poa LLCIAT Vie har PGP EH Lares OFS NETL LIA CRP Nees rl NL AUT POALOMY ALA ML aOPEm FooAT, NIH COVdare, OAL 3 aN MM, NLLT ’ LU APE ADO 15 (3) NILtMOP US POMAA AA BRIT! ree NTA RET Web Sar NVPY NMG TAT PWT Ped ard CAR AH: PPTL TAL AUD PONE AH PRAT KE7 z LTP wrt FOm ALANA THI Newey’ (Insurance) CAN POLNLA rari TIC TEA PWILT owndet Naika Ped. OA PERLNT PRL NA PENA UP NIA NIRDAMAT POALOD PMG PA Aer AaPAd LU POM domm, MAL AIC WRAAN GoRTIT AIRUI OLE AL. Ty fans ALAA hat gnged Ser} fh ana Fido, OAL AIC AIANEA ang, HTN PAKG oY 20 Comey? Ue RATE”: fatlus AIO 16 FOR AIO 6 ty ML APE O29 News AGT ET aed APE whet PrIAIHT og" FOG PLAT LIF ARM PG arte PERLM WEE WILTT ATA LCE PEPE Med OFS METRY PIA SCE ebPme HUY AT POHL Act SPAN ML NLT OLY APR NPR 15 WO ATER (3) PHRIVION AEE-HMAPED UE LPL NIA BAMMASAT NLA AD ION WHER 6 O18 WAU LV APE harm: AAP EP ALY APE OL Neer wet PE aves APR aed Varee wPer poor +LCIWT PML har WILIT NIA SCEF ATE Mer DES MT PIA SCE OAT hhome AT woMEer AK, AL hewkdlr ANPLT PMOhLEX> HOPE HAH PTAdovem MAL PPC Pent NLLI SLY APR AGbR 15 WD AMR (3) S990 NIREMNE UG PPT DIATE LANA AT ee LA ASA DOO APR! 7 PS Nawaoe :: 4.5 AA WIND rer AOA POLLITIO NER 18:- WO NIG (1) ME 10 e094 PINIA PIA SCE v4 Lead ovanan, OLA Nee Nerd AAT LATA mde ANA hoh O&e% At LNBAP AE ON NO (2) EM 20 Good gr 1 EW SCRE WEA Neolr LHL agg” OMe, AT NEL NIA dy BLO AED PRINT aves ANA APL Abe LY APR bebnba-) NIA LRTI IAG VANLU NHRT SI NiO 26 2C Aharet aoPEm tooAT hhRrMNO 2C POPC ALA 10 Govt DAL 20 Fad NITE (PATA) ATAMT 207° Avan PHL NOL OLIP NPAT PWILT ALU Netr &A OL PIA SCBA Newgidty WLI NANTAT PEAT PHI Fd Gtr MALT hurcar LOMA LCA ALAM web ar Paar AF eae NIRPTLLUT LOANS A ope “booth ne Tr Wotan MbeMenh LI LCE AWMet ALLO Kee OAd WILE MAL. PIA LCR ay ATM 1.6.09 AT Le ated &P Ar dd OFS Ne AL ALA beRO 6O dour APA NbASK PIA LCR very oN Novem PeVeva IAM soe NIA héOorll PIA SCHL ML LoOTIMT GM HIATT 2C tAPC 10 ga9t YMA AAU SEN CHIAM aves ANA NILLETI NIA N10 Sort Li UST bkG 60 For) PAG hy RIP eAcTE DNA WILMA Aa WERE PG Ort ALRLT NIA M10 dav AF Ue bkeRO- 60 Gan} MATA LPP hurdar LPMATHE UY wear LPM@ LCA Par PE LAT NILMALLLINT LoD PA IPR 26 wWerFTs HA PVN eos (Social Insurance) PULLCT! PPT NAG? favze7r (Risk pooling and benefit sharing) #CU AL Abad! LINER PAPE HEF ATLA (periodical payment) AU AIRLMa NAAT 2 SCRE bhboon@ ecu 20 PILAINI Naor” MAL NE MIA LCELT NILVIO IPLIIN. POL eeONTG KLLCHME Ure NAA APLLO LeLhAbard PTA _LCRP mR bebhe Awaba . bene ray, PIPECT PLS amPEX taodt ne, £ Me AL BMakAt web ary PUNE PALE tM PeLrtd LANPAS Naver 8% PV Ahavd? POLMEL TMA HAMILEC PIR AALTIOV ES oMgrr ALI AL RAPA: LU RIT HAP GAY IC KeTLMIA hooUT” NAL. ANITA Aura AL. HOOT PALLALC LUGA + ALD: SUD WHO 4 ALI 10 4oot SIAIA PTA LCE wer LV APE NAM bd ddI HINT HKLM MLV APR MAIER 17 FOO APR (1) AK APLITMI@ aoAe?- Parad rar, SSO ALCA PATA mer ANA Ad OL Ale LNEAPAE NLA NANA “OA NIKO (2) PACH FON ATER SI4t5 AILbLI hbaTar WON AER 25314 War Mabhhas: NIADP FON APR 2 AIAALT PONS YAN FELON NEU JOHN ATER 4:- MLD AFH OD AEA (1) T (2) "ML" (BY oma ATATk PRL LIA LCE AME Pare comm, SEO ALLCH NT BRAY PHILA And Ak Ader DrIIM Rvar hherIMATr Ah FPA haw oc EPC PMT Med MA AdH OLE Air LAAPAH PPE AILVIT b+? Uk Pte haa OC EPC. Abt F ANA Lda NLA WO APPR 4 ws AAA 46 MANIA H aed ANA com) FLLTTION NIFR 19 + 400 WHER 1 THOM AG hai, PAID me MA abanci ay Pars AEH Low 30 Newt US HiO Femd NAL AéRavar ARS TH Gan} HIATT 1.25 Navt bens APTSAN LLTTIA ANY PAAA Pee IAM PLOAD KAAA ALA M67 AEM Lona OP POR WRLARTG PbS PLM AA ANE PIA SCH NhetoG ANA Pen.eaTy Noor MAKES He AL LALLA ARO WEE AUT AIRS 277° NSCLC AL KALE ENE OA NTTLLMT PIA LCE WIRE der DING WINGO LN FORT WK VC Caoydd NPM bRI VA ANAT O Wilda Loa Here AKT Ada LeoMN Pols — Neos AANCar HeTALAG Fes COPE IC boomnys PUY Par hil.u nw) AGCTEO PLLTIO: Paved ANA ALTLar APhéAar heomar Far PEM RU POM ART AdtFor Nards AIA AKL PETE Cher Ke ANA MLY: Loew AK baact LeLod'> hur open IC NATLAMNMIG Adda PLOT Fares ANA AED NEE ACLU" ATRT OIRO LUGAH NEAL Aét ar APNLA Adda Anca Lawn aen't LN2AOt KALI GoPEHG LULA? Kars HAA Ae NIRLH NTIS HT vines Aneta bh 5 owt ANH 10 how Ahéhar eNdor> HOM LOU NoPLU Farar ANA LONG LY LMLaeAnbar KrhdAd Lard aoPemG ALLA Loree ANA baoMery ALE NILATMar ars NF VIC NEAL AT NEA APT, Adar webs avy FLev@ cmt? LILO NUTT NSCLC AL Kbahdl Neu LIdk> CAhs LAGU OPT PILAOS AEP AME HEFT AD a Wh Lorarii PNA Nao Ure Far Amer are, SETA AAA Ne LOM AULA PI Nowdbh AEDT HELE LooMW NLNANT SCR Ame Ld kA vent LVF ebne Aa Cards eoPEMG PTLNEAD Lares ANd bao WSLS LLCTPA: MAA AA LI COPIA ACOEA WETFEOE PEMT GPPPER ALLAEVG page L3 I ROME KET MSI YE CADP ST LIGNE HA Paar Naor LUNES Pree Per HL AG Fare ANA 2 spowayeny PULLCIM ALE LED IAI MAES HAPTIOV 92.7, LU Newry AA N 2006 RC ANH 2013 FAG AMIAR YER poor" AMT EPI TANT 20.8 OU NAdfoe PWONAR DETER AE. L4Tiae oMek Ley Lavant lew PLE Rares PERS CoynEAar'> Fer ANA tevMary AMIS. M7 Gav} MVE PALO PPD TN axaoarn WIL GO NLL Y TI NowMAL MEAL. coPRAE ALLHEG POG FRo0MT ALA NAG KIA SCH GAT Aone? b&T DAC TM Asrear MEA PLM ALTE NEHNCT ALE PLEO ON NTT $NLAT Lava aad recy veL@ny hy Paver AMA Ares 4% Ag, POLLAN Aars +RIT AeoHANA AMA AAG 7 hoo CAL PPI “TNA PAE UES PE coy MILL AT LENO OMA NEF Paar PIE NIP ONE ATIVE dares ANA ROAD LeLMALAs P36 Md Law Romane’ 3 revs) NENF Loom ATE NUT aie AhdA UY PTA AAILY NASA 19 (1) ee MLV NPR FON AIR (1) AL LPR AONE FS cPPEP ALCRETS PbMG PRoow AA NAAN PTA LCE AIA OL AAA “TOM LIA CEL ONE Ntome MOAT hood HL hILY AA DL ONT Nerds PRIMA APE Need HLIAANT OC ANE rook nabeq AAO OC A.hé.Aar HNO oLNF LOC LowO 125 Noh PULMAT poosd-P AMS PRM PI LTT WILY APAoet AN 25 Nas Pro PRov@! EG AF Mao AL tkIC ANT howl ATMA POC Looank -FeIt Ana PLA AGN L492 HON AIO 2 UE ANTS WO NR_2 mcr 30-0 NER 4S AeA a Page 14 nus 20 4 CRIA SCR Adeeb Ear NAL Noor] oer Poonrng AER WLI PFA AVA Naor 1 nan Tel Né.2oo ZA DAR AL PHIL ARCO NIA LCE Pbnd ALY LPAAE NewTIT waer ey APE aowdd 229° AgHANS vIe-RT MRI A a FeUhd.Aar Parad aPe~ ANH i’, 30 4° 2003 4. hha. "y 2003 4.9° RIM LPI 32 Nand yar: ALU awe} AcohAhL w4-B- AG AZ AL AAA PTLNeAar Pores Pom NEE flowy" Nav’ Fmed APE AL ANY wd SE PbAe Care ANA OAL PAA: Pel PEP AA: LY PAT bool Pere OAT ay PERL PoPHANL wd-21- meg Y77AN ANA Mh BPC LLCOANT 1s: Neo LU WIA AEE Mer APR Md NAL ET PI AAU HATER 19 FON ATER 2 oT Neenah! WERT OSI N7AN AMAYE AIATOT ALROO OTRO eA CED Wet! LH MIATA NowSTH® web BR aed PK Achang WERT AGT AZ AN AIA Mbbormar PAA FOC aA THARS TAPC LIMOS A? FLA AAD NER DON AIO ON AER 3 UT Neon 47 DANAE ALE oot NELRYTIO- NPR 21: P10 SCE WEA FO here WhAGMIAT OC NET LhéAa PMc $1.25 Oy Lema ANIAIANT See RPC AONE PALIT ANA WILTTLNEAa- LETIIA® BUF WIR NAS ANDER 19(2) NeeNar eevzie YAN PIDEt NELIT ANA shee PAT HC AL VL ILD ANA: AAU ATO 21 1G 4.97 $TMe PIA SCR weer ar Naver NEIMAN OC NI hot Ade} Aaa oc hoo LAM, - ANZA NINO GPL POC Loom NWGTFHOP 1 h25 0 2 Tv AaOeL TN PLEO he Sena eae \ PLA DBD SAIL WON VIER 2 UE AID 48 Dares OPE -boont NeLRYTIO NIK 26 ANI 18 VAL cee FOAL YAN AL AAOM gINEe> NIAK 26 avg. Nema ACI ne OAK NER Mba PUL sd GOP -bawATl AAAewREE PIA RCE we-rior MAME NTO 91+ MELT AIA SCRIP TATA SCEP wet Far Paves ao PE~ boon ALLLIP:: NLA ARM KIER 26 Neth 4.9 AA PRED Th POLL TIOF ATER 48:- NLU IAFL Lora, YAN Lok Cares cope root NILILLY ARTER 26 AE LOA HAN PLN DALY MNIDR 48 FON NER 2 AL eboonhbar Farce Pom hen ELC ULE ao Aw: PLAC LUT 4.10 AAANA NYT ePhAC P9LLI7IO ATER 50: far. PNPR omtdd PLAT MA ACOITA IM, PLES omer Le TEV AMEN: WLIY NMA AAA VP OAL HON Por “P35 Aoomeyy- NEC AT MASH MAES NAA PHILT HILT ANTEX 50 “40-0 AYER (1) AG (2) AR PRINT Ra AH MAA AVA LIP DAME R MF oLV9 NOME PLLALCET y-HC WL SoM BUC 2710/2005 WHER 4 FON NPR 2 AL ers eurD PeTUREe am AVA ATTUNER ME cour ACHP ANN AT Now'yTAT ONE RFO- PORE I 7 ous OPE™ OMY VNR NILES MILITIA ION ATER 3 ag KI PLentar LUNE PATS KEW ares eu eoTUNER ms LU MAY OCIL Pe hurd Ai AL HO ATTUNER agp Page 16 AIUNGEL MF CPLUVE AEM, M. CMLL MVP PENMAN ILA Acowm?- PLSNTA AD VIDL MbT ANLAT UT PPE AAU hht+% 50 WON ATER 2 $Thei- PLU ATER TOO NER 1 AG 2 LIT2 AECH MINER MF oH? APE NL APLNELA RNG OL coPper NOS harer ANA AL TEI AMS PLY REM, MM, LRLIAE PLA HAN WON APR 3 0.7 411 MAGOE-E ITM NLL TIO NPR 51: WON NHR 1 Par, SCR ANA NovsNA AL LA Aer MLY APE NeVs"s PTA ARE NteMes Adres corn, ALA KALA HUY A&er MATT HELE AMT 26 APC LAAMAKA: ver AILIG PrMIO- MMA NELIa ANA LM AUT PELPOXD ANA PETTITT cof LECPA 1A LEYDEN LU NTR ANP R NER 21) AG (2) AKL AEP REAMO PERE cod Nema: “PACH MILY Pave Lb FOr, YAN PEZAOT AAV hiLY O-racie” WIIG PA AaY ANA HhSITar AMA Li NLUINA UL FrheAO- eared aoPem Lav PMA KAA TCHR PRP ANAT APM AACLTE NIL Paved ANA AF WILLA AMICPANT NER CVA DALAT UT PTIIAH DAILUE- Para ANA NerHNA AR LA Adah AiLy APE NLD PIA SCE hhem2o Adres core, O87% LALLA NU AAR CRIA heed MATE 2C TEPC LAMALAY USP WILAG CAAlar ANA HES TO MA Lr HUT PELPOT MA PITH ootth RiEMAe VS OR dé osavAn AERO NIA D VFO ALTE NEL ALTE Nena NAA Neve pE wer EE aver APE PLT Weel PLETE ULAPT Crboony AU" ANdeDNE Pare ANA beEMUMAt O94 wie AAMC LOPMUG FOE ANAT AMC WMET IRI NILIG NeorM Nardd OFR. 189 F60em NAMET Amer ANA AM ARTI WMAT UAE" Cred APR LLV7 D0. Lure v7) ¢ BIT ot Noose" wet BE comer be Ag. heaeerTor hor ova Kamer MA WIROUIAFO NIL) MAA PIA ECET OVE ANE LOOM PALMENA ULI LA APE A 25 hows hike MAL AUT Ub AtroomMny PRow OTe PLS owPEr ehEdl My Ravn PLT ALC WONT Pare MA AL WILIG Newb NeLnEATar Loom comet Pau DATar Pores AOA Ah 600% 4772 PoLeATINT Ud ACPML LEAH LU OPT AT baer KAAaKd PRoomH Be comel AEC yews Faved MA wet Far ALEI Moe's Pav Nowy March hI AR Neer Ae opPe~ LAbhéANT i M29 +ROT LOLLANTA Noo NILIS NoHNE Abé000 NIA PLOWS KATE Pare ANA AW? OTA ANAL, Ue DAWU AFPR 51 FON AFR 1 oP: MU AFER FON NER (1) AERITIO oPhE PRINTED avs ANA Novena AL LA Mert NILIG NoodMC ALR IAT PLEA bate Fares MMA PRI AnéAar hie PMA Mes ANA 50% ANAT ALFA ge FLA AAD FON NPR 2 Mae MLY MPEIE PIA SCR wet FO AVIS PTA SCE Ng wg ATA SCETG MeV emmee MA Nemec HUAI NOPE vA Lova PST VIP TE LIL WIRY ALTE WAS ALDVV Cares wPerdr AANA PPI NUE HACER neynd. ee AAU ATER 51 IO ATER 2 HPA AvAT O29 NILE OAL PIA SCEP OP Nooemd NUAT OFF hiLe ne PIA SCEP Loom NUNN WEEE Cored cP PLWHUNG we-1Fa- hewLMas ANIL CMA LCE NeUhéAar KovMy Ag. TF BUSA Use PTA RCE wet ar fooyih wette PPC hw NIA &CEY HELEN LarM AR. KAAS aoPE> ALANINE! ATIAMEEI Aardr nA DOAN ARAMA: DAD ION AGER FON ADER 3 UT LIAS Noy WEtRE Mest APE &PC 714/2003 AIREY MIA LCE Wet ET mer APH PC 7185/2003 ov Ad howmese rere AOELT ML POLINA VED Nawes AV AAO Pande VS 19% Parte ALATO Ade ror MALI LI NIA SCH homer Aen, AMER Mares CIDA WET NACAT Need MLIAANT FR +5 NHLLar LCE MET APMC LALAT ALY MbaVTIEH PIA SCH Aer P Nader ATT NI KCER Ce OAFO NMRLT AAA SCRE Abe LAEPAAE BY Nowy PUrTPE Pec OA Neen #EC ANA Far LAA MMA NAA AL HeVLAh tar PRT MAI NARA AR NEE FIC EMG HLCM AAILU NAIR 51 AC ALY APE OL NaI ArT ards APE sohet aMe? b&7H(60) AL haekdte AASLP PATA Aree ANA PHOOYAT Ado? MLY AIX WON NIER (1) Gove WILIT NloohME CéRova IAVET HOLT? NITE OC PAPE Ai -Hilite PmRNLAD we? BRR GO AL ARCH NF TOUTE NMG AL TA OL AMT TAY PHT Acta Leow PLEATS PITEAIY Dd omer RONEN oO NUNES MERI innrd- 6.050% hdd brace SOC RI" aie “ena pe Eee Ree Ante r ‘ene page 19 FLA AAD OD NIK FOO NER 4 US NING FON AbER 2 AG “HOO NR 3 RPL thrATar WOO ATR 5 AT TOO AteR 6 ra | Atebhhass: 412 Parh2768 £4.77 hhowAnF NLRTMa N+R 57 AC: APR heoRGt Net Mbkkoo PM SCRE warPE aver OFS OLN HLT LIS TY LATO We PT MNeLar OFS MOLI LT CTL 448 TMPUSTOD AtMA AONY OLI NIA SCKE ACTPF mee OF MATTE URS ANIC NIRV NARI OO PLLITION NER 3 HOD WHR AV) LLITD LME AU VIC TIES NAIL PPUNEL PIES OFZ ACHE ONT FMLM, ILL MULTE OhhA PLTLOd PordG vary ARTE LLLAMIL HOUT" NAL. TIC PPI Pavrd-1 (Risk pooling and be benefit sharing) Cu? PeLhtA News AIAUE PT CHL PMPOUISTOMS AaHMA LAN KIA SCE ACTET coPeEnTOr ATA LCEL NEP EE aver BIL MOC APR haoRSt AAPL ALCE ONT orb PeRemME AIATMT Aare ANA AMAL AIAAAMATOr 91827 AATLIN NAETEaK PAmnetavar Paras OFS OL LTCHLIF bi awper AIA RCRD APOE ed BI MOC WIA SCE APPT med OFF AIMS IATA For Aare ANA AMAA AIRAAAATO 07,2777 DAM NFER ANTPR 57 AC Mb ANLAL US bP EA QALY DNPH ASR 57 WO NIK 6 TM LU APE hoor ede Nbr MNETo Parcr OFS MRP PTCMRTE 498 AMIS NeOdMA NON UrETPE AP KFmebao Laver OFS OLE PPCULIT 358 Pom BU APE HAR $F EPA GAIT OC UL OT AVA SCERF wer Oh Mee LIS AMOS PET WETPE atv APE Poulin BUSA Page2O. PIA CET ALANOF AL PART Ne Mat PrANANN 17 Med NPE Ch AMIE bh 20044.9 BPC NAPES APR APPAR dtd ANIES MARIO hove AG A PAhdFar We LPF TANT WTAE BLADE ARTO Prem PAE bit 9A PALO PAR Aves LTR IT AAT +OLL+ON CoRardea- Le AACA Aha? avr PHACRE ALOT L267 NG ATERE We BE VUNG WHE kdolld FANAE LHALRE ALOT bLoleld PL ALLINGOH AWE PIASCEDE Met? NPR NE DARIO Ad 109 -PATAT PRAPRE AWEOT 6% HF AT PACE WEE EE PVUNET We RedTTD ARO AA AP, CHALKE UOT gLacoTtd AG PATERL We PE WME WIE LadeTid PHT IAA AIAN NELLI ALA Lek AIA SCRE WEF PE ounce POTS ARM Ad ACMEC MCE FCO hee TA -POTEAT “horn At NemaWA” dt NES WER PRL AEC MA ARTY REC tA PML IAAT HIWMOS Nima MAE wwe Lathe Povadha~ cr tz Paged 1 APE &TC ---—-/2007 LTD SCERF wet FF aver NPE? ACTA FON APE PIA SCERE WEEE med APE #PC 715/20037 “TATA AdLAL UT hoot ie? AAFERE LPCAE APHENLE ETAAN AI GPT NID 55 ON NER (1) cower PoLntAar POrBA= 1, Aste Con BU APE “PTA LCEE wee ade (iP) APR C2007" FNde AeA LOFT 2. omitig PPA SCEP wet FF med APE #PC 715/2003 WIReTnbAw TAAAE 1 PRPR NOR 2 TOD APERE (1) AG (7) PHCHO NeLnrMT dan ON NORE (1) AG (7) PHHTPAL “t) PIA SCER WEAF IND NIA ECKE OAT HAI OC AA Ai NemHMC LVM AF-tHLAG- PALA fo 1 Th thNaN! TAT PNIATHH MLA MAE PMS THAT aver AMA? erat ace MA ORI PHENO TE ace ANA AUF PALE ANA? Leyes” OF PAPE NIER 3 DON ATER (2) THCH NPLATAD HAN ION NIK (2) trhkat “o) thLy NOR WON AIR (1) S927 ASEM KRW SCERE AG PF AGH LCERE WEEE AG ooenh IAVIO- ree NCe Phe NPT NAPA AL Pooc# MLY APE gourd Pred T4 AIRLTH LRLI1 4l 5! WW PAPR APPR 9D ADR (1) AT (2) TACHO NUhAw L722 TANEPA CVA SCRAP WEPEF aed BIS MY NPE pkeeZas” DNPH ANDER 11 IO AHR (12) TAr POLNAA ABD ION NPR (13) Fema s “13/ AR ATOR FON APER (1) cow’? PrANANG? Carder oo Po~ NATE OC HAT WM PALI PPA CEA WM, LALera cope Laon ntheAnt OC Fir hhar OC Pavkonde #) EPC NAM eNom YAN OAL md awhet ALAA DAL IC APC PomneA DAs LECMTAS” PAP APER 15 WON AIK (2) PACH NLA TAD A&M FON ATR (2) Fanta: “2) ALY NIPR WN AIR (1) CELING ALCP MLV APE IR 57 WON AIR (7) ower KbMePor Parcs OPE OL TCHR LIT APEX OL TA SCHR WEEE aver LIM. PALLING PIA SCEF wWETF MLV APE AER 10 ower ATK? NVEAD Cares oPE coms AIA RPNALAT UST? MV APE sod ohd.d hoor com> MAR erhaA Parde OFT OLF TCHLI 29S wPE LIC ARTE FAM Awd-+¥ a Parr LLLINE" PAPE APPR 16 WN ATER (3) SLA Pe (om) TWCH WG BRA be (W) BRA Fe (2) US PDTIAA PAPE ATER 16 FON NIK (6) FWCH PUNTA ARN FON NIPRE (6) AS (7) NIOD NIK (5) HTH heaPZw- 16 ION NIE (7) OD NIPR (8) US FAIA: “6/ MLD APE ORE NowHIN ATE mer APE aoher PAIN? OLP YRS PRAT ALI PHTMD Kee are PRM het WILIG NIA SCH AGAMF mee OPS AtAY PVA LCEP erm HUY AT POALad REE GAO 1 HELI MY APE AIR 15 WN AR (3) Crk AILHMMNEO UT PEED AIAME LANMAD 7 BY APE hove ANETT Ny WEtOh Mee APE oohdh of 10/ PINE AD NILIT NIA LCR ACT HF aver aT Mtr PTA SCE OAT Abtme AF MEP 6K AL hawker ANPED POND? PO HAM PeMboom OAL PPC ton ned CHV APE AIX 15 WO ATER (3) FI92 ALAMO PS ELT NIA E LAANALA?" PAPH NER 18-10 NER (1) THCH NUNTAD AAA WON AIDE (1) tahacas “LEM 10 400% INIA PIA KCK wet T Rv APE DREN $F ADR AIAMrT HREM MiLy APE NAIR 17 Wh ATER (1) AL MELING ane Lares amare Ska ARCA PAIADAH arer ANA Ad OER Ate LHEAPAS™ PAPH AMR 18 VON AMR (2) TWCK CE ION AIRF (3) AT (4) WIRFRP thtvF@O- 20- AARF (2) AF (3) VIO +Hiv7@ 96 WL NIPR (5) TCH NTLNFAD- AAA BON NPR (4) terhhAL “4/ MLD AIER WH AFR (1)? 2) ORF (B) ALE AIAMr*E PREM PPA LCEF AGT Pare OR SLO ALLCA AMS TeAt PRILt Awe fe Ado hterIMm Khar HELIN Ub PT HAD OC BPE CIT Aer DNA Roh 6&2 Ale LALAPA PI IQUE HHA DW Te HAD OC EPC AtThO FE ANA LheAa" NAPE NAWR 19 2 AIR (1) oT PANT AAD WOO WORF (2) AT (8) PAPLO- 794 FON AFR (2) WOM AIK (4) US tH2TAAL "2) MLY ATER WON AIK (1) AL PrRra AMRtMAe UT PPLE ARLRETT PFMF FRM AA NAAN PTA RCET MAT OL NAA SFO PTA LCR OAT Otome APAT 40? OLE HNL AW UL GAT Ndr PIAA wets NLS NVINANT OC HAF Foot ANELT? Aor OC AheAd MNO eRNF FOC LoerMH N25 Nerd PLAT Gok ATR PROD PIG PTF NIRV APSaek Ahh 25 Not Lim PROM HIG AF Neri AL tec rwnr qavt ATTHE POC Leraie PLY LANA Ww 13/ 14/ 15/ YF fewhAne weet OL AZAD ATATE NIA Asa TOP PIN LCR wetF Lhar NIADMet Neorrrr wereT ares APE Aaohahe wekT AT ATA MOA Ateaema Pat PoC comet THAET FAP Lrnnar PAPE APR 216 L991 WA ATOR (1) US PLEAD ARO WON NFR (2) PAPE: ‘0 OWA SCE wer Tor Naver eAAN OC AIR aot DANES AAO OC AhLAD Hida wLnF Pac Loran NISFOP I N25 Nek LWAT Fook AML PL@n PIG PTF WILUY ADH 25 Nowhk LAD ACTH Sa99-B Loom PTI AF Nova AL FARE PALI ANN RANI” PAPE ADPR 26 ACH NLH-hAa AKA AIR 26 Pena: “26. Parad oopee cb | PTA LCEP Wet ha MAMET ITFOP Pret Lect AIA SCELP UT AIA LCE wWatFa Parez ope sbeawntl ALRLT:” PAPE NIK 48 WN ATER (2) PACH WCE 30-0 AIERF (8) AF (4) 90-0 ADPRE (2) AG (3) UD FADTIPAL ANPH WIR 50 NIA NIK (2) HPO PLNEAD ARN TO AIR (3) tarea: “S) PRU ADOR WON AMRF (1) AT 2) SIVIPE aresr NZTUNEL MF OLVF APE cowl AMYANAN FMT cLV? PCI PO NRO hee MA AL FHI AIEEE POS LV) AEM, PLPAAT LUTAE” PAPH NIER 51 FON ATER (1) PACH NOLtAM AAD ION AIR (1) tonsa “41 Paved AMA NowPhA AL LA AdooHi NtLY APE Newie.? PVA CEP nbHMes Amer aM SRR KALLA HUY ACY RIAMEF HELP NIA E BC TEPC RIANA: UST HILIS PFMG ANA HESPO ANA PIA hry PETA? ANd PTH ih ARTO VS DR fd. Marah Aé-Ravor DIAM THO FL NES ALPE” 1G AAPA ATER St NOD AER (1) FT PUbAT DAN ION AIRF (2)! (3) AT (4) tPcO MCE WA AMAE (2) AT (3) WON NERF (5) AT (6) UO FITIPA: “2 ALY ANDER FON AIR (1) MERIT oonet LNIATeT Mer ANA NoPFNA AL SA Noh ALIS NortMC Ad.Rova~ IAM PMNLAD tard Carer AMA FLT MhéAar HiNLa PRIAMAH AeA ANA 50% ANAT ALFA AUAT M2 HLF MAL PPA SCKE GT Nooemd vA Oger ne MAR PPA LCR Lowmt ALAND were FES OPE PTLANANO Vet Far hemdMoO-G ANIS CIA SCEP NUNEAD Karo AL AF LUGAL UTI PVA LCE wera PoTINt WETEP BPC hur NI LCE HUE AG: LoeMH AL Paver sO ALANA! AIA WebP Aare d ANA Hadid ALAA: MY APE @2F Noor WetPT aree APE cower oMAS bF2 GOAL hawker ANELT PAID? mer DNA POAT WaT MV AIK WA AIR (1) comet NIW NoodMC PERG IAT HELP AWE OC TPC Ait PTA PeTNEAD comer SEG 60 AL ALCN AF BUSAL USF Ne AL TAF OLF AMS TAR PHIST WETFO La0ON LOLLAPE ITED L2d- o0erd- LTLFA oor NURS ACH F277 hee AAT hee HEATED OC +0 haw OC EME ANt PATI BhAna:” 17) MPR WYER 57 NON ATER (6) PT KeLATAD DAN WON AWK (7) taarerani “WW BU APE Adh RGAE +> KAN Pe OAFO- NAT LMG Aneto mes or ope TCH 298 147 +MP USF Aoremd Odo Nie PIA CERT WEtPE AP PtMEteom cP LU APE DAN? $3 EPC OL IA SCERF WEFEE add LIF M. FRCP MLV APE ma APE CURSO} IH LV APE NAGE IDET DH APP HOM? > KPC PAT LUSA omAk ton (2/C) PATPRE LPCAE APHENLPR éTMAN TENA? Proclamation No. VI EN] A tes PENSION PROCLAMATION WHEREAS it has become necessary to amend Private Organization Employees Pension Proclamation No 715/2011; NOW, THEREFORE, in accordance with sub-article (1) of Article 55 of the Constitution of the Federal Democratic Republic of Ethiopi it is hereby proclaimed as follows: 1. Short title This Proclamation may be cited as the “Private Organization Employees Pension (Amendment) Proclamation No -2015", 2. Amendment ‘The Private Organization Employees Pension Proclamation No. 715/201! is hereby amended as follows: Vv 2 Sub-articles (1) and (7) of Article 2 of the Proclamation are deleted and replaced by the following new sub-articles (1) and (7): “1/" ‘private organization employee’ means a salaried person employed in any private organization for not less than one month; 7! “benefit” means retirement pension, invalidity pension, incapacity pension or survivors’ pension and inchides gratuity: Sub-article (2) of Article 3 of the Proclamation is deleted and replaced by the following new sub-article (2) “2/ Notwithstanding the provision of sub-article (1) of this Article employees of religious and political organizations and persons engaged in the informal sector shall, upon their consent, be covered by this Proclamation.” Sub-articles (1) and (2) of Article 9 of the Proclamation are deleted and replaced by the following provision. “Private Organizations Employees Pension Fund is hereby established. 4 St 6 u The following new sub-article (13) is added under sub-Article (12) of Article 11 of the Proclamation: “134 The private organization fails to pay pension contributions collected yaweent in sub-article (1) of this Article within one month shall be liable to pay the unpaid pension contribution with bank deposit interest rate calculated from the first day of the month following the last day of the month in which payment of salary has been effected.” Sub-article (2) Article 15 of the Proclamation is deleted and replaced by the following new sub-article (2): “3 Notwithstanding the provision of sub-article (1) of this Article, an ‘employee whose callected pension scheme or provident fund contribution is transferred to the Private Organization Employees Pension Fund pursuant to sub-article (7) of Article 57 this Proclamation, his service period shall be counted to the extent the pension scheme or the provident fund covers the contribution stipulated under Article 10 of this Proclamation; provided, however, that the contribution which is excess of what would have been contributed in accordance with this Proclamation shall be refunded to the employee.” Paragraph (d) of sub-article (3) of Article 16 of the Proclamation is deleted and the existing paragraph (e) is restructured as paragraph (4); Sub-article (6) of Article 16 of the Proclamation is deleted and the following new sub-articles (6) and (7) are added after sub-article (5) and the existing sub-article (7) is renumbered as sub-article (8): “6) 7 Where an employee who has received retirement or invalidity gratuity pursuant to this Proclamation or Public Servants Pension Proclamation is re-employed as an employee of a private organization covered by the Private Organizations Eifiployees Pension Scheme, his former service shall, without prejudice to sub-article (3) of Article 15 of this Proclamation, be counted along with the new service; provided that the gratuity is paid back, A person to whom reimbursement of pension contribution has been made pursuant to this Proclamation or the Public Servants Pension Proclamation before the coming in to force of this Proclamation, if employed as an employee of a private organization covered by the Private Organizations Employees Pension Scheme before retirement age, his former service shall, without prejudice to sub-article (3) of Article 15 of this Proclamation, be counted along with the new service; provided, however, 8/ 9 10/ us that the reimbursed contribution he received shall be paid back with interest calculated at bank deposit interest rate.” Sub-article (1) of Asticle 18 of the Proclamation is deleted and replaceé by the following new sub-article (1) “1 ‘An employee of a private organization who has served for at least 10 years, if terminates his contract of employment after the coming into force of this Proclamation, he shall receive retirement pension benefit for life upon attaining retirement age as stipulated under sub-article (1) of Article 17 of this Proclamation.” Sub-article (2) of Article 18 of the Proclamation is deleted and the existing sub- articles (3) and (4) of Article 18 are renumbered as sub-erticles (2) and (3), respectively, and the existing sub-article (5) is deleted and replaced by the following new sub-article (4); “af Where it is ascertained that an employee of a private organization who has separated from service in accordance with sub-article (1), (2) or (3) of this Article due to health problems which prevents him from engaging in any remunerated work prior to attaining the retirement age, he shall receive retirement pension for life starting with the month following such ascertainment; in case he dies, his survivors shall be paid benefits starting with the month following his death.” The following new sub-articles (2) and (3) are added after sub-article (1) of Article 19 of the Proclamation and the existing sub-article (2) is renumbered as sub-article (4): “2 Without prejudice to sub-article (1) of this Article, an employee who is employed in a private organization that has no organizational structure or studied salary scale, or gets retired after serving for three years or lesser after his employment if paid more than 25% annual average salary increment on the salary paid a month before 3 years of his, pension entitlement, the 25% annual average salary increment shall only be considered for the calculation of three years average monthly salary. For any private organization employee who has served as a national defense force or as a member of police, the service shall be calculated and added in accordance with the formula set under Public Servant Pension Proclamation.” ‘The existing provision of Article 21 of the Proclamation shall be numbered as sub-article (1) and the following new sub-artic is added: "2 If an private organization employee gets more than 25% annual average salary increment at any time on the normal salary paid a month before a year, the 25% annual average salary increment shall only be added for the culation of geatui Article 26 of the Proclamation is deleted and replaced by the following new 26. Non-Reimb: nsior If the employment contract of private organization employee is terminated due to any reason, the pension contribution shall not be reimbursed for the private organization s well as for the private organi ation employee.” Sub-article (2) of Article 48 of the Proclamation is deleted and the existing sub- articles (3) and (4) are renumbered as sub-articles (2) and (3). The following new sub-article (3) is added after sub-article (2) of Article 50 of the Proclamation: “4 Notwithstanding the provisions of sub-articles (1) and (2) of this Article, a contribution for social health insurance scheme pursuant to Social Health Insurance Proclamation shall monthly be deducted from pension benefit and transferred to the Ethiopian Health Insurance Agency Sub-article (1) of Article 51 of the Proclamation is deleted and replaced by the following follows \/ If @ private organization employee who receives retirement benefit is employed in a private organization covered by this Proclamation and has not reached the retirement age, his new service shall be added to his previous service; provided, however, that if the retirement benefit based on the accumulated service is less than the previous one, without prejudice to his right to receive the previous pension, he shall not receive any type of payment for the new service he provided. Sub-articles (2), (3) and (4) are added after sub-article (1) of Article 51 of the Proclamation and existing sub-articles (2) and (3) are renumbered as sub-articles (5) and (6): 2/ The additional benefit to be paid for service rendered by re-employed b-article (1) of this Article shall not efit. beneficiary in accordance with exceed 50% of hus previous retirement pension ben 3 {a private organization employee is employed and salaried from two or more private organizations, the pension contribution shall be collected according to his choice from salary paid by one private organization: “i provided, however, that if a private organization employee is a public servant as well, the pension contribution shail not be collected from a salary paid by any private organization, and the service shall not be caleulated for pension benefit. 4/ Ifa re-employed beneficiary was entitled to a retirement pension benefit pursuant to this Proclamation or Public Servant Pension Proclamation before the retirement age of 60, the service that has been rendered. by him shall be added to re-consider his pension benefit with the pervious service in accordance with sub-article (1) of this Article only when he attains the tirement age of 60, provided, however, that if it is ascertained by a medical board that the employee of a private organization is incapable of fulfilling service due to employment injury or health problems and separated from service, his pension shall be re-considered starting from the next month following his separation from service.” 17/ The following new sub-article (7) is added after sub-article (6) of Article 57 of the Proclamation: “TI Employees who had pension scheme or provident fund and decided to continue to benefit from their pension scheme or provident funds and whose contract of employment is valid until the effective date of this Proclamation shall, after the effective date of this Proclamation, be covered by this Proclamation by transferring the accumulated contribution of the pension scheme or the provident fund to the Private Organizations Employees Pension Fund.” ‘This Proclamation shall enter into force up on the date of its publication in the Federal Negarit Gazeta Done at Addis Ababa, this - day of 2015. MULATU TESHOME (Dr ) PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA WHEREAS it has become necessary to amend Private Organization Employees Pension Proclamation No 715/2011; NOW, THEREFORE, in accordance with sub-article (1) of Article 55 of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows: 1. Short title This Proclamation may be cited as the “Private Organization Employees Pension (Amendment) Proclamation No. ~---2015”. 2. Amendment The Private Organization Employees Pension Proclamation No. 715/2011 is hereby amended as follows: 1 Sub-articles (1) and (7) of Article 2 of the Proclamation are deleted and replaced by the following new sub-articles (1) and (7): “I/ ‘private organization employee” means a salaried person employed in any private organization for not less than one month; 7) ‘benefit’ means retirement pension, invalidity pension, incapacity pension or survivors’ pension and includes gratuity;” 2/ — Sub-article (2) of Article 3 of the Proclamation is deleted and replaced by the following new sub-article (2): ‘2/ Notwithstanding the provision of sub-article (1) of this Article employees of religious and political organizations and persons engaged in the informal sector shall, upon their consent, be covered by this Proclamation.” 3/ — Sub-articles (1) and (2) of Article 9 of the Proclamation are deleted and replaced by the following provision “Private Organizations Employees Pension Fund is hereby established.” 4 / 6 W ‘The following new sub-article (13) is added under sub-Article (12) of Article 11 of the Proclamation: “13/ ‘The private organization fails to pay pension contributions collected yaweumnt in sub-article (1) of this Article within one month shall be liable to pay the unpaid pension contribution with bank deposit interest rate calculated from the first day of the month following the last day ofthe month in which payment of salary has been effected.” Sub-article (2) Article 15 of the Proclamation is deleted and replaced by the following new sub-article (2): “3/ Notwithstanding the provision of sub-article (1) of this Article, an employee-whose callected pension scheme or provident fund contribution transferred to the Private Organization Employees Pension Fund pursuant to sub-article (7) of Article 57 this Proclamation, his service period shall be counted to the extent the pension scheme or the provident fund covers the contribution stipulated under Article 10 of this Proclamation; provided, however, that the contribution which is excess of what would have been contributed in accordance with this Proclamation shall be refunded to the employee.” Paragraph (d) of sub-article (3) of Article 16 of the Proclamation is deleted and the existing paragraph (e) is restructured as paragraph (d); Sub-article (6) of Article 16 of the Proclamation is deleted and the following new sub-articles (6) and (7) are added after sub-article (5) and the existing sub-article (7) is renumbered as sub-article (8): “6! Where an employee who has received retirement or invalidity gratuity pursuant to this Proclamation or Public Servants Pension Proclamation is re-employed as an employee of a private organization covered by the Private Organizations Eiptoyees Pension Scheme, his former service shall, without prejudice to sub-article (3) of Article 15 of this Proclamation, be counted along with the new service; provided that the gratuity is paid back. 7/ A person to whom reimbursement of pension contribution has been made pursuant to this Proclamation or the Public Servants Pension Proclamation before the coming in to force of this Proclamation, if employed as an employee of a private organization covered by the Private Organizations Employees Pension Scheme before retirement age, his former service shall, without prejudice to sub-article (3) of Article 15 of this Proclamation, be counted along with the new service; provided, however, ee 8/ oy 10 uw that the reimbursed contribution he received shall be paid back with interest calculated at bank deposit interest rate.” Sub-article (1) of Article 18 of the Proclamation is deleted and replaced by the fotlowing new sub-article (1) “WV ‘An employee of a private organization who has served for at least 10 years, if terminates his contract of employment afier the coming into force of this Proclamation, he shall receive retirement pension benefit for life upon attaining retirement age as stipulated under sub-article (1) of Article 17 of this Proclamation.” Sub-article (2) of Article 18 of the Proclamation is deleted and the existing sub- articles (3) and (4) of Article 18 are renumbered as sub-articles (2) and (3), respectively, and the existing sub-article (5) is deleted and replaced by the following new sub-article (4); “4 Where it is ascertained that an employee of a private organization who has separated from service in accordance with sub-article (1), (2) or (3) of this Article due to health problems which prevents him from engaging in any remunerated work prior to attaining the retirement age, he shall receive retirement pension for life starting with the month following such ascertainment; in case he dies, his survivors shall be paid benefits starting with the month following his death.” The following new sub-articles (2) and (3) are added after sub-article (1) of Article 19 of the Proclamation and the existing sub-article (2) is renumbered as sub-article (4): “y Without prejudice to sub-article (1) of this Article, an employee who is employed in a private organization that has no organizational structure or studied salary scale, or gets retired after serving for three years or lesser after his employment if paid more than 25% annual average salary increment on the salary paid a month before 3 years of his pension entitlement, the 25% annual average salary increment shall only be considered for the calculation of three years average monthly salary. For any private organization employee who has served as a national defense force or as a member of police, the service shall be calculated and added in accordance with the formula set under Public Servant Pension Proclamation.” The existing provision of Article 21 of the Proclamation shall be numbered as sub-article (1) and the following new sub-arti added:

You might also like