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I think this is a good initiative, and if every company can abide by this rule then it would be highly beneficial to the workers.In my country there is a pension law that regulates all matters relating to pension both in the public and private sector. So far an organisation has up to ten workers they must be enrolled under the pension scheme and 5% of monthly salary will be deducted and another 5% will be contributed monthly by the employer to the workers pension fund account.