Implementation date of pension scheme for workers in Cambodia

Congratulations! The implementation of pension scheme for persons defined by the provisions of the Labor Law will start from 01 July 2022 (the “Implementation Date”).

This Implementation Date has been recently fixed by the Joint Prakas no. 165/22 dated 28 June 2022 of the Ministry of Labor and Vocational Training and the Ministry of Economy and Finance pursuant to Clause 39 of Sub-decree No. 32 dated 14 March 2021 on Social Security Scheme on Pension for Persons Defined by the Provisions of the Labor Law.

On 15 March 2021, I have posted an essay entitled “Cambodia social security law: mandatory pension scheme for workers” on this blog (noplegal.com). In that essay, I have explained 5 main aspects of pension scheme in Cambodia. Firstly, it discusses the insured persons. Secondly, it mentions about the registration procedures with the pension scheme. Thirdly, it explains the rules on pension contribution. Fourthly, it describes the benefits under the pension scheme. Fifthly, it discusses about the claiming procedures. You can click Cambodia social security law: mandatory pension scheme for workers to read that essay.

Categories Employment and Labor Laws

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