Air Mauritius Pension Fund: AMRA Calls for an Audit of Retirement Schemes

According to the audit report as of June 30, 2023, nine semi-public organizations and five local authorities reported pension fund deficits of Rs 34.2 billion and Rs 6.5 billion, respectively. Between 2022 and 2023, the overall deficit increased by approximately Rs 5.4 billion. These figures indicate a persistent undercapitalization issue and pose a growing risk to thousands of current and future retirees.

The pension scheme of Air Mauritius...