universal coverage

Tarutia calls for universal coverage

President of the Association of Superannuation Funds of  Papua New Guinea (ASFPNG) and National Superannuation Fund CEO, Ian Tarutia, said this recently.

Tarutia said the current legislation only allows business who employ more than 15 people to contribute to superannuation.

He said this should be changed so that anyone earning any form of income and paying tax must contribute superannuation for retirement years down the line.