Ministry : Pension Fund Regulatory and Development Authority (Not Applicable)
Part III-Section 4
Subject : Extra Ordinary
Gazette Information
1. Gazette Title
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY (PENSION FUND) (AMENDMENT) REGULATIONS, 2023
2. Gazette Number
965 GI/2024
3. Publication Date
February 9, 2024
4. Issuing Authority
Pension Fund Regulatory and Development Authority
5. Summary
- The regulations amend the Pension Fund Regulatory and Development Authority (Pension Fund) Regulations, 2015.
- They establish, develop, and regulate pension funds while protecting the interests of subscribers.
- New definitions and amendments to existing clauses regarding business days, compliance officers, and key personnel have been introduced.
- Eligibility criteria for sponsors of pension funds have been specified, including experience and financial requirements.
- Procedures for application, registration, and compliance reporting have been outlined.
