How new Pension law will impact public servants

27th February 2025

The newly approved Public Service Pension Fund Bill 2024, introduces a contributory pension scheme where public servants will contribute a percentage of their salaries

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A pensioner (centre) signs in a book as she undergoes a verification exercise. The new law seeks to cure the problem of pension arrears that has marred the pension sector since the money will be readily available.

Mary Karugaba

Journalist @New Vision

#Parliament

With effect from next financial year, the Government will start allocating funds for public servants who are planning to retire and they will access their pension almost immediately after retiring.

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How new Pension law will impact public servants

The newly approved Public Service Pension Fund Bill 2024, introduces a contributory pension scheme where public servants will contribute a percentage of their salaries

A pensioner (centre) signs in a book as she undergoes a verification exercise. The new law seeks to cure the problem of pension arrears that has marred the pension sector since the money will be readily available.

Mary Karugaba

Journalist @New Vision

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