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Mauritius Reinstates Portable Retirement Gratuity Fund Contribution Requirement

31 January 2022

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Approved Changes

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Mauritius

The Mauritius Revenue Authority recently issued a communique on the requirement for making Portable Retirement Gratuity Fund (PRGF) contributions, which is reinstated from January 2022 following its suspension from January 2020 to December 2021 in response to the COVID-19 pandemic. An employer is generally required to make PRGF contributions at the rate of 4.5% on monthly remuneration to employees if the employer does not make contributions to an approved private pension scheme. Click the following link for more information on PGRF contributions on the MRA website. --- Portable Retirement Gratuity Fund (PRGF) The Mauritius Revenue Authority (MRA) informs employers that...