|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
You
are here:
 Contributions > Pension Contributions
|
|
.................................................
|
|
"KWAP achieved net ROI and TWRR of
7.34% and 8.88%
respectively in 2010"
|
|
................................................
|
|
|
|
|
|
|
|
|
|
|
|
|
| Pension Contribution |
| |
| Rate of Contribution |
| |
| The rate of contribution is 17.5% of the pensionable
employee's basic salaries. |
| |
| |
| Payment Date |
|
Payment of pension contribution
shall be remitted to KWAP no later than end of the following month
Example: To determine the payment date. |
 |
| |
| Late Payment |
|
Late payment of pension contributions
shall be subject to a penalty at a rate of 0.5% of the unpaid amount
(link to Penalties)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
|