Government to Speed Up Portable Retirement Gratuity Fund Payouts

On Friday, May 23, the Council of Ministers approved the creation of a special inter-ministerial committee. The committee will review how to improve the process for paying benefits from the Portable Retirement Gratuity Fund (PRGF) and ensure timely payments.

The PRGF provides money to:

• Workers when they retire
• Families or legal representatives of deceased workers
• Self-employed workers who contributed to the fund upon retirement
• Families of self-employed workers who contributed and have passed away

The goal is to prevent delays and make sure beneficiaries receive their payments promptly.

Source: Defi Media