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GPSSA

Submitted by admin on
Question
When does a contribution payment to GPSSA need to be paid?

Contribution payments must be made by an employer to GPSSA, monthly, between the 1st - 15th of a month, for the previous month.

Example:
The contribution payment due for the month of October 2024 must be paid to the GPSSA between 1 – 15 November 2024.

Please note that as per the pension law, an employer (public or private sector) will incur a penalty of 0.1% of the payable contribution amount per day for any late payment – without GPSSA having to provide a warning or notice.