GIBRALTAR BUSINESS – The Private sector Pensions Act – When does it Apply?

Gibraltar Business Autumn – Winter 2020
Published on Dec 7, 2020

Featuring Gerry Kelly, CEO of The Sovereign Group: The Private sector Pensions Act – When does it Apply?

The Private Sector Pensions Act 2019 is designed to ensure that private sector workers in Gibraltar are entitled to have a choice, by law. as to whether they wish to make a contribution to a pension plan.If an employee does choose to participate in a pension plan, the law will require the employer to contribute towards that employee’s pension plan.It will apply to every private company, including any unincorporated bodies and individuals registered in Gibraltar that employ an eligible worker

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