Kigali: Thursday, November 28th, 2024 – The Rwanda Social Security Board (RSSB) engaged with the private sector to discuss upcoming pension reforms, highlighting their benefits for both businesses and individuals. During a financial inclusion forum organized by the Private Sector Federation, RSSB CEO Regis Rugemanshuro addressed private sector representatives, outlining how these reforms will contribute to economic growth and strengthen social security.

Regarding the broader impact of the reforms, RSSB CEO stated: :These reforms aim to ensure a sustainable pension system while unlocking opportunities for the private sector, especially small and medium-sized enterprises (SMEs). Initiatives like the SME Fund and improved capital market liquidity provide significant benefits to the private sector. Notably, RSSB’s Return on Investment (ROI) has grown from 4.9% in 2019 to 11.08% in 2023, with a newly developed investment policy set to sustain this upward trajectory."

The private sector will benefit from the reforms in the following ways: