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Tax Center 2e. House No* Page 1 of Year Document Number Official Use Only 6. Telephone Number 7. Fax Number Section 2 Declaration Details a Seq Num b Employee TIN d Start Date of Employment DD/MM/YY c Employee Name Name Father s Name and Grandfather s Name e Basic Salary /Birr/ f Pension Contribution of Employee Employer line 30 h Total Amount of the Signature I Transfer Totals from All Continuation Sheets to this Line Total Section 3 Calculation of Pension Cont. for this Period Number of Emp ...

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Can I retire in Ethiopia?

Ethiopia is not usually considered a place to retire unless married to an Ethiopian, which would make one eligible for a marital residence permit. Providing clear proof of independent financial means, excluding the purchasing of property, would be required to apply for a permit to retire without employment.

What is my Social Security Number?

You can often find your Social Security number listed on tax documents or financial statements. You can also request a new Social Security card if yours is lost or stolen. Your Social Security number is needed in many instances, including when you are obtaining employment, filing taxes and receiving medical care.

What is a private employer pension?

Private pensions are a type of pension that you can set up to help you save money for retirement. Their value is usually based on how much money you've paid in and how your investments perform. A private pension - also called a personal pension - is a product that you can use to save money for retirement.

How is Ethiopian pension calculated?

Old-Age Benefits Old-age pension (Retirement Pension): 30% of the insured's average monthly basic salary in the three years before retirement plus 1.25% (civilian) or 1.65% (military and police) of the insured's average monthly basic salary for each year of contributions exceeding 10 years is paid.

How can I get SSN in Ethiopia?

Apply In-Person: The application form for social security agency is available in the Public Servants Social Security Agency in Ethiopia. The location link of the office is \u2013 format. The applicant must make sure to carry all the related documents that are listed under the \u201cRequired Documents\u201d section of this page.

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What is Social Security number in Ethiopia?

In Ethiopia, as well as in any other country, a national ID or a social security number is a factor that links a citizen to the benefits and services provided by national and local governments. It is particularly relevant for Ethiopia as it has neighbors who share common heritage and languages.

How does government give pension?

The retirement gratuity payable for qualifying service of 33 years or more is 16½ times the Basic Pay plus DA, subject to a maximum of Rs. 20 lakhs. Half of emoluments for every completed 6 monthly period of qualifying service subject to a maximum of 33 times of emoluments.

Who is eligible for pension in Ethiopia?

Qualifying Conditions Early pension: Age 55 with at least 25 years of contributions (civilian); age 50 with at least one full term of service (five years) for senior government officials and members of parliament; aged 45 to 55 (depending on rank) with at least 10 years of contributions (military and police).

Which tax system is applicable in Ethiopia?

The Ethiopian tax law provides for direct and indirect taxes. The direct taxes are divided into five categories: personal income tax, rental tax, withholding tax, business profit tax and other taxes. The main types of indirect taxes applicable are value added tax (VAT), customs duty, excise and turn over taxes.

What is Social Security of Ethiopia?

The basic salary is the gross salary paid for work performed during regular hours. The minimum monthly old-age pension is 744 birr. The maximum monthly old-age pension is 70% of the insured's average monthly basic salary in the three years before retirement.

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Can I retire in Ethiopia?

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What is Social Security number in Ethiopia?

How does government give pension?

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What is Social Security of Ethiopia?

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