NOTICE PAPER NO. 486 (AMENDMENT TO THE SPECIFIED OFFICE DEFINED PENSION FUND……)

PARLIAMENT OF THE KINGDOM OF LESOTHO

NATIONAL ASSEMBLY

NOTICE PAPER NO. 486

Sunday, 10th July, 2022

NOTICE OF AMENDMENT TO THE SPECIFIED OFFICES DEFINED PENSION FUND (AMENDMENT) BILL, 2022.

Notice given on Sunday, 10th July, 2022.

Hon. Minister of Finance –

After Clause 4 add a new Clause 5 as follows:

“Eligibility for pension

The principal law is amended by deleting section 7(b) and substituting the following:

“7. A member; –

(b) who is employed on non-permanent and pensionable terms under the Act is eligible to a pension upon completion of five years.””

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