The Employees Trust Fund (TAP) took legal action against a business eatery owner who failed to make mandatory contributions for their employees’ retirement.
According to a TAP statement, the owner pleaded guilty to violating regulations requiring employers to contribute to three separate schemes: TAP, Supplemental Contributory Pension (SCP) and National Retirement Scheme (SPK).
The Magistrate’s Court fined the owner BND3,000 and ordered full payment of all outstanding contributions (including accrued dividends totalling BND2,236.71) for the TAP, SCP, and SPK schemes by May 1, 2025.
Employers are reminded to make employee retirement contributions by the 15th of the following month to avoid penalties. Employers can be fined up to BND3,000 for the first offence and up to BND10,000 for subsequent offences. – Enny Zaini
