National Pensions Act,2008 (Act 766)
Section 131: (1) The Board shall consider an application for registration of a scheme and take a final decision within ninety days after receipt of the application.(2) The Board may register a scheme if it is satisfied that the scheme complies or will comply with the requirements and standards prescribed by the regulations in accordance with this Act.(3) The Board shall require the applicant to enter into an undertaking with respect to the administration of the scheme as a condition for registering an occupational pension or provident fund scheme including in the case of an application to register a scheme(a) as an employer sponsored scheme, an undertaking to approve an application for membership of the scheme made by or on behalf of a relevant employee of the participating employer; and (b) as a master trust scheme, an undertaking to approve an application for membership of the scheme made by or on behalf of any (i) relevant employee in the formal sector, or (ii) self-employed person who is fifteen years of age or above and below retirement age and engaged in the informal sector. (4) Without limiting subsection (3), the Board may impose other conditions for the administration of an occupational pension scheme or provident fund scheme.
Subject : Management of Pension FundsProcedure 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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