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What are the 4 pension funds in Ethiopia?

The Ethiopian pension authority, administers four pension scheme namely: old age pension, invalidity pension, sickness benefits/pension and work injury pension. In this scheme, normal retirement age is 60 years for both males and females and the scheme is applicable on any type of work.

What is a pension verification form?

Once you have started to receive your pension, you will receive an annual verification form from the Plan Office. The purpose of this verification is to ensure that you are receiving your monthly pension.

What is the form for pension income?

PBGC reports the amount of your pension income to the Internal Revenue Service on Form 1099-R.

What is the pension age in Ethiopia?

Old-age settlement Age 60 with less than 10 years of contributions. Employment must cease. A lump sum of the insureds basic salary in the month before retirement multiplied by 1.25 (1.65 for military and police personnel under the public sector programme) and by the number of years of contributions.

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