Private Organization Employees’ Pension Proclamation No. 1268/2022

Title: Ethiopia Private Organization Employees’ Pension Proclamation No. 1268/2022

Scope of Application: this Proclamation shall be applicable to employees of private organizations (salaried person employed in a private organization for not less than forty-five days for definite or indefinite period of time or piece of work including managerial employees) who are Ethiopian nationals.

Type of law: Proclamation

Key words:  Private organizations employees, Pension, Social Security, Social Security Registration and Identification Number: Pension Scheme, Pension fund, Establishment Of Pension Funds, Contributions To private Organizations Employees’ Service  Pension Fund, Payment Of Pension Contributions, Administration Of Pension Funds, Utilization Of Pension Funds,  Actuarial Analysis And Evaluation, Period Of Service And Retirement Age (Commencement Of Period Of Service, Calculation Of Period Of Service, Retirement Age); Retirement Pension And Gratuity (Retirement Pension, Amount Of Retirement Pension, Retirement Gratuity, Amount Of Retirement Gratuity); Invalidity Pension And Gratuity; Employment Injury Pension And Gratuity: Survivors Pension And Gratuity; General Provisions Relating To Benefits

Entry into Force: March 18, 2022

Repeals:

  • Private Organization Employees’ Pension Proclamation no. 715/2011;
  • Private Organization Employees’ Pension (Amendment) Proclamation No. 908/2015

Amended by: —

Implemented by: —

Repealed? No

Language: Amharic and English

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