The Tunisian government decided that starting from this month 2% will be deducted of the retirees' pensions belonging to the various social funds, in accordance with Law No. 37 of 2019 issued on 30 April 2019.
This deduction is added to what was approved by the Finance Act of 2018 that stipulates the imposition of the payment of a fee of 1% of the salary for the social funds, which suffer from heavy financial crises.
According to the Ministry of Social Affairs, these fees will improve the profitability of the funds and provide coverage for a wider segment of Tunisians.
#cuts #retirees #pensions #Tunisia
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