The Angola Capital Markets Commission (CMC) and pension fund manager BFA Pensões signed the founding documents for a pension fund for CMC employees. The fund is intended to provide private supplementary benefits in addition to those available under the mandatory social security system. It is designed to provide financial protection for retirement based on age or length of service, as well as early retirement and other contingencies specified in the pension plan.
Angola Capital Markets Commission signs founding documents for employee pension fund
The Angola Capital Markets Commission and BFA Pensões signed documents to establish a private supplementary pension fund for the commission’s employees. The arrangement is intended to supplement mandatory social security benefits, covering retirement based on age or length of service, early retirement and other contingencies under the pension plan.