2004Event
Pension Reform Act creates contributory pension system
The Pension Reform Act introduced a contributory pension scheme and created the National Pension Commission.
Hall of FameFourth Republic
2004
Pension Reform Act creates contributory pension system
The Pension Reform Act introduced a contributory pension scheme and created the National Pension Commission.
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What happened
The Pension Reform Act introduced a contributory pension scheme and created the National Pension Commission. It replaced many unsustainable defined-benefit arrangements.
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