22 August 2022

Contribution Payments for Pensions to Start

On 28 June 2022, the Finance and Labour Ministries issued Inter-ministerial Declaration (Joint-Prakas) No. 165/22 setting the date of 1 July for implementation of the pension schemes under Sub-Decree No. 32.

We expect the Labour Ministry to now issue further implementing regulations (Prakas) defining the modalities, calculations, contribution frequencies and procedures for companies to begin contributing to pensions.

As previously explained in our client alert, the total contribution sum to be paid to the National Social Security Fund (“NSSF”) will amount to 4% of the gross salary of which employers and employees are to contribute half each.

NSSF spokesperson, Mr. Heng Sophan Narith, has also recently clarified in a news piece (https://btv.com.kh/article/13163) that between July and October the NSSF will be preparing the forms required for filing contributions and holding dissemination seminars throughout the country.

We will provide further updates as and when they are announced by the Government.

If you have any questions or require any additional information, please contact Matthew Rendall, Liew Shan Berg and Hout Sreypich of SokSiphana&associates.

 This alert is for general information only and is not a substitute for legal advice.


On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

For more information and to see how we can assist you in your desired jurisdiction, please follow the links below: