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Rwanda gazettes Presidential Order revising contributions to compulsory pension scheme

17 January 2025

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Tax Alerts, Legislation & Policy, Na...

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Rwanda

Rwanda has gazetted a Presidential Order (the Order) that revises the pension contribution rate to a compulsory pension scheme.The Order sets out a phased increase in the contribution rate to the compulsory pension scheme with the initial increase from 6% to 12%.The Order came into force on the day it was gazetted (13 December 2024) but the increase in the rate of pension contributions took effect from 1 January 2025. Executive summaryRwanda gazetted Presidential Order No 086/01 (the Order) on 13 December 2024, setting out the contribution rate to a compulsory pension scheme. The primary objective of the Order is to...