Bahrain announces 65-year plan for pension funds
March 24, 2021
Zawya has reported that Bahrain’s roadmap up to 2086 is a huge commitment from the government to protect national pension funds from going bankrupt at short notice. Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa, who is politically responsible for the Social Insurance Organisation (SIO), told MPs that blueprints for the extension to the funds’ existence would breathe new life into them despite earlier studies suggesting they may have only three years left before bankruptcy.
Read the original report on Zawya: Plan to protect Bahrain’s pension funds