This scheme has dual purposes: it is a mandatory and basic scheme, which covers employees who do not qualify for membership into the traditional pensions scheme, for example; all workers who get into employment when they are above the age of 45 years, expatriates, self-employed people or any other person with seasonal income. It is also designed to serve as a supplementary scheme for all members who are covered under the Traditional pension scheme, or any other mandatory scheme in any social security fund. Similar contribution rates and procedures to that of Traditional Pensions Scheme do apply to a member under this scheme only if it is mandatory and basic. If it is supplementary scheme then contribution rates and remission are flexible in the following terms: a) Contributions which are decided upon by a member can either be: i) percentage of earnings; ii) fixed amount; or iii) combination of percentage of earnings and fixed amount. b) Contributions can be made by both the employee and the employer or by either the employee or the employer. c) Contributions may be remitted on a monthly basis or it can be upon a period when a member is earning income. d) No penalty is charged on late or non-remission of contributions.