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Economy

National Retirement Benefits Fund collects $6.15 million in first year

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National Retirement Benefits Fund collects $6.15 million in first year

During its first year of operation Tonga’s new National Retirement Benefits Fund collected over $6.15 million pa‘anga from its membership of 4,304 employees and 308 employers, and may expect to double its membership in the future as more businesses join the statutory fund, whose administration has been supported by donor funding.

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