ANGOLA - The Angolan government has announced it will pay US$50m into the national pension fund for war veterans over the next two years.
In the latest government gazette, the Angolan government earmarked the sum in its budget for 2006-2007.
The money to be paid into the pension fund will be taken out of next year's national budget, the Angolan ministry of finance said.
The government explained the decision to make the contribution to the fund will form part of the country’s social protection law.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point