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Friday, April 15, 2016

Government Begins to Pay Debt La Funds Social Security

 
The government has begun to pay off the debt of the social security funds and up to March this year already imeshalipa Sh 173.11 billion to fund the PSPF while ikidhamiria pay the entire debt by June, this year.

According to a statement issued by the Regulatory Authorities of Social Protection Sector (SSRA) scheme has also checks to pay between 49,467 and 46,000 is the monthly pension for pensioners and 3,467 new claims.

In addition, the report describes the document Treasury Bills, bags that had not yet ratified the agreement for the current document zimesharidhia.

"The government intends to give opinion Sh 2.6 trillion of Treasury Bills interest of 6.5 percent to PSPF. These Treasury Bills zitaiva document for different periods, there are years three, five, seven, 10 and over, "explained the statement.

In terms of investment projects, the Authority in collaboration with the Central Bank (BoT) in accordance with the law completed inspection of bags in 2015. 

The audit led authorities to cooperate with the BoT conduct a special audit on the buildings and property of all funds to social security, including the NSSF.

In addition, the audit is expected to take between nine months depending on the availability of information and that when these audits continuously iliyovuka bags inhibited investment rates continue to invest in these areas.

The report also stated that the bags proved expensive operation and that the existence of those costs kutazorotesha performance of social security funds.

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