National Retirement Scheme Act · s 10

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s 10Rates of contributions

(1)

Every employer of an employee shall pay to the Scheme monthly, in respect of each employee, contributions at the rates set out in Schedule 2:

Provided that the Board may, on such conditions as the Board may impose, authorise an employer to pay contributions at other intervals not exceeding 6 months.

(2)

Every employee shall pay to the Scheme monthly, in respect of himself, contributions at the rate of 8.5 per cent of his wages.