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Rwanda gazettes Presidential Order revising contributions to compulsory pension scheme

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Rwanda

  • Rwanda has gazetted a Presidential Order (the Order) that revises the pension contribution rate to a compulsory pension scheme.
  • The Order sets out a phased increase in the contribution rate to the compulsory pension scheme with the initial increase from 6% to 12%.
  • The Order came into force on the day it was gazetted (13 December 2024) but the increase in the rate of pension contributions took effect…

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