Members of the Government’s Lesotho Public Officer’s Pension Fund have petitioned Parliament over concerns about administering the funds. According to the petition, members have demanded a pension fund pay-out increase from 25% to 50% or 75%, a chance to opt to be in or out of the scheme, the calculation on a pension be reviewed, that upon death beneficiaries of the deceased be awarded the total amount that would have been entitled to the pensioner, and that all public officers be given entitlements that are given to specified officers’ defined contributors. The members also wanted to be given equal and equitable past service liability based only on their length of service and positions held prior to the introduction of the current pension fund. The members have further demanded that the death benefit for pension fund members be increased from one times the annual salary to four times the annual salary.
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