None
RO
Ethical Financing of End-of-Service Payments
['Jamile Youssef', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar', 'Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright']
Executive Magazine
For firms with long-serving employees, EOSI settlements may now reach hundreds of thousands of dollars, a severe burden that might threaten companies’ survival.
Why do you describe this as unfair to the formal private sector?
The formal private sector is now paying the price for compliance.
The new pension law, Law 319, passed in late 2023, seeks to replace the lump-sum EOSI with a pension system.
The formal private sector is the backbone of the economy.
['businesses'
'payments'
'eosi'
'private'
'ethical'
'contributions'
'financing'
'nssf'
'sector'
'formal'
'law'
'employers'
'employees'
'endofservice']