This refers to revised pension rules
(GDN, June15, 2018)
Whilst I recognise the urgent need for an independent cost-base analysis of contributions to ensure future benefits rightly due to members of Bahrain’s pension fund (Gosi), like many other fellow pension contributors, I have two major concerns:
1. The way in which contributions and the resultant pension fund has been invested did not achieve a realistic growth rate, hence the latest proposal to increase contributions or even reduceg current pension rights .