{"id":9059,"date":"2025-07-19T22:15:22","date_gmt":"2025-07-19T22:15:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/9059\/"},"modified":"2025-07-19T22:15:22","modified_gmt":"2025-07-19T22:15:22","slug":"drc-more-than-300000-civil-servants-eligible-to-new-retirement-plan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/9059\/","title":{"rendered":"DRC: More than 300,000 civil servants eligible to new retirement plan"},"content":{"rendered":"<p>In the Democratic Republic of Congo, a long-awaited project finally resumes.\u00a0<\/p>\n<p>More than 300,000 civil servants are eligible to <a href=\"https:\/\/www.africanews.com\/2022\/03\/26\/in-dr-congo-civil-servants-work-until-the-end-of-their-lives\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\">a new retirement plan<\/a> for the public sector, the Congolese government spokesperson announced on Monday.<\/p>\n<p>The public sector ministry launched a large-scale retirement campaign in 2022. The government hoped to modernise the administration, improve the state\u2019s finances and honour commitments with international partners like the International Monetary Fund, among other purposes.\u00a0<\/p>\n<p>That year, 11,000 civil servants retired, but the process was then paused in 2023 and 2024, due to budgetary constraints.\u00a0<\/p>\n<p>Retirements could now resume. The public sector minister Jean-Pierre Lihau presented a ten-year plan to finance the process during a cabinet meeting on Friday, according to local media outlets.\u00a0<\/p>\n<p>The state will pay 20 billion Congolese francs each month &#8211; about $7 million &#8211; into a dedicated sub-account at the Central Bank.<\/p>\n<p>And from 2026 onwards, banks will be able to pay compensations to pensioners in advance, before being reimbursed by the state.\u00a0The goal\u00a0is to avoid further debt.\u00a0<\/p>\n<p>The government will appoint a special committee of state actors to supervise the process.\u00a0<\/p>\n<p>The body will include the public sector, budget and finance ministries, as well as the presidency, the prime minister&#8217;s office and the civil service social security.<\/p>\n<p>Additional sources \u2022 RFI, Actualite.CD<\/p>\n","protected":false},"excerpt":{"rendered":"In the Democratic Republic of Congo, a long-awaited project finally resumes.\u00a0 More than 300,000 civil servants are eligible&hellip;\n","protected":false},"author":2,"featured_media":9060,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,131,132],"class_list":["post-9059","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-ca","tag-canada","tag-finance","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/9059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=9059"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/9059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/9060"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=9059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=9059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=9059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}