Foreigners’ enrollment extended while Majlis considers amendments to Pensions Act
01 Apr 2014, 7:12 PM
Daniel Bosley
The Maldives Pensions Administration Office (MPAO) has extended enrollment for foreign employees onto its retirement pension scheme until May 15 following an amendment introduced in the Majlis earlier this week.
The enrollment of foreign workers into the scheme – mandated by the first amendment to the 2009 Pensions Act – was scheduled for completion today (April 1).
“We had decided that the date of enrollment should be before 1st April 2014, but now there is a proposed amendment to the Pensions Act in the parliament to make it voluntary for foreigners,” said MPAO Director Ismail Sujau.
“We are giving the delay for one and a half months for foreigners to complete their enrollment and also pay the contributions,” he added.
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