• Mon. Sep 16th, 2024

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PENSION CALCULATION FORMULA PENSION CALCULATION FORMULA

RETIREMENT BENEFITS GIVEN TO TEACHERS AFTER EXITING SERVICE

Upon Retirement/Exit Benefits that an employee may be eligible to are:

1. NSSF- Governed by the NSSF Act and paid by the Managing Trustee NSSF. This is applicable to teachers who served as Untrained Teachers for the period served under Temporary Appointment.

2. Pension โ€“ Under the Pensions Act Cap. 189 paid by the Director of Pensions at the National Treasury.

3. WCPS โ€“ Under the WCPS Act- Paid by the Director of Pensions.

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