Pension agency’s actuarial deficit hits KD 17.4bn
KUWAIT: Rapporteur of the National Assembly’s budgets committee MP Riyadh Al-Adasani said yesterday that the actuarial deficit of the Public Institute for Social Security, or the pension agency, has almost doubled in the past three years, mainly due to lower returns on investments. Adasani said that the actuarial deficit – the difference between future obligations […]
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