Pension Supervision
About Pension Supervision
CMDA is entrusted with the responsibility to supervise the Maldives Retirement Pension Scheme under the Maldives Pension Act (8/2009).
Pension Supervision Department was established by CMDA pursuant to section 5 of the Maldives Pension Act (8/2009) for the purpose of:
- Supervising the investment of pension assets and their investment performance
- Formulating procedures for preparation and publication of reports in relation to the Maldives Pension Retirement Scheme
- Monitoring appointment of members to the Board of the Pension Office and reports they are required to prepare under this Act
- Taking actions necessary for the enforcement of this Act