9 things to know about the Pension Reform Bill 2014

9. The Act reduces the waiting period for accessing benefits in the event of loss of job by employees from 6 months to 4 months.

This is in order to identify with the yearning of contributors and labour. It also makes provision that would compel an employer to open a Temporary Retirement Savings Account (TRSA) on behalf of an employee that failed to open an RSA within 3 months of assumption of duty.