Occupational And Personal Pension Schemes (General) Regulations, 2011 (LI 1990)
Regulation 107
(1) An approved trustee of a scheme shall credit an amount to the relevant scheme member's account in accordance with accounting and other records to be kept under these Regulations if the trustee is satisfied that the amount of contributions or, where applicable, the amount of arrears and contribution surcharge, paid by a participating employer is correct.
(2) An approved trustee who, without reasonable excuse, fails to comply with sub-regulation (1) is liable to pay a penalty of two hundred and fifty penalty units for each day that the default subsists and shall have its licence suspended after thirty days.
Procedure to Follow
Not Avaiable
Responsible Institution
National Pensions Regulatory Authority
SU Towers Accra
- Email: info@npra.gov.gh
- Website: npra.gov.gh
- GPS:
- Telephone: 0302968692
Relevant Forms to Download
Not Available
Online System
Link Unavailable
Fees/ charges
Not Avaiable
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