Prime Minister Sitiveni Rabuka has announced that the Cabinet has approved the Presidential Pensions (Amendment) Bill 2024 for presentation in Parliament. In his statement, Rabuka highlighted that the proposed legislation seeks to adjust the Presidential Pensions Act of 1994 to align the Presidential term of office with the 2013 Constitution, reducing it from five years to three years.
The Presidential Pensions Act 1994 establishes the regulatory framework governing pensions and benefits for former Governors-General and Presidents of Fiji. This move not only modernizes the pension structure but also reflects a commitment to adhere to constitutional provisions.
This amendment signals a positive step towards ensuring governance aligns with contemporary standards and practices, potentially leading to a more responsive and accountable leadership structure in Fiji.
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