/ VDS Project / Develop and Execute Comprehensive Model for Pension Reform

Develop and Execute Comprehensive Model for Pension Reform

To increase Pensions Coverage to 60% of labour force
To reform the Public Service superannuation arrangements
To overhaul capital market regulation e.g. Ensure increased regulator independence
Increase asset base to 100% of GDP

Impact

Amendment to Income Tax Act; National Pensions Policy Act Amendment to Retirement Benefits Act"
Completion and implementation of various acts
Expand range of products and services
20-30 year bonds developed Inflation linked bonds developed