Angolan public servants may purchase goods in installments after pension restructuring
Read more
Noticias ao Minuto
noticiasaominuto.com

Angolan public servants may purchase goods in installments after pension restructuring

Angolan public servants will have the possibility of paying for goods in installments, a change resulting from the restructuring of the current Pension Fund. This initiative aims to provide the Public Administration with advantages already present in the private sector, as detailed by António Estote, a member of the technical group of RINAR (Roadmap for the Implementation of the New Remuneration Architecture).

The Ministry of Public Administration, Labor and Social Security organized an informative session in Luanda about the program, which has been underway since 2023, with the aim of standardizing organization, careers, and salaries in the Angolan public service.

Among the innovations foreseen in the roadmap is the introduction of non-monetary benefits for public servants. These benefits will allow workers to 'pay for goods in installments or request an advance in emergency situations,' in addition to enabling the financing of health insurance, professional training, or obtaining bonuses on housing credit.

The restructuring of the Pension Fund is part of the actions outlined in the roadmap. The official emphasized that this change does not constitute a reform, but rather 'the path that will be followed to solve problems progressively.'

One of the results presented by RINAR is the simplification and standardization of functions and careers, which were previously spread across 23 presidential decrees, now being consolidated into a 'single decree for all.'

The roadmap also aims to establish a salary table for the Public Service with 'a rule applicable to everyone.' Additionally, it allows each sector to define its own remuneration policy based on market, productivity, and company profitability.

António Estote stated that this will facilitate the elimination of arbitrary decisions and raise the level of transparency in payments. The ultimate goal is to move towards implementing a single salary table.

In contrast to countries such as Portugal, Brazil, and Cape Verde, which have a unified salary table, António Estote explained that 'RINAR defines the policies and proposes scenarios.'

The execution of these changes depends on the ministerial departments, following the financial programming. Initiatives without budgetary impact are forwarded to the Executive's programming for approval. The official stressed that the single salary table can only be implemented immediately if it does not generate a budgetary impact; otherwise, its implementation is conditional on the Executive's programming, specifically the General State Budget (OGE), since they are public expenses that require approval from the National Assembly.

Popular