Maldives Pension Administration Office (MPAO) came into existence, under the Maldives Pension Act (Pension Act) which was ratified on 13th May 2009, as an independent legal entity.
Functions of MPAO:
Administer Maldives Retirement Pension Scheme (MRPS)
Pay state funded Old Age Basic Pension Scheme (BP)
Manage Pension funds
Establish standards, rules and guidelines related to the schemes
Create public awareness and educate scheme participants
MPAO plays a pivotal role in the development of the social security system in the country. Over the past two years, the initial focus of MPAO has been to establish pension schemes and introduce it to the public by creating awareness to gain greater public acceptance for the new pension system.
With the successful implementation of both the schemes (BP & MRPS), the focus has moved on to further improve and sustain the operation through innovative means.
Our Vision
“Achieving excellence in pension services and financial stability for a secure future”
Our Mission
Manage Pension fund in the best interest of the members through secure and diversified investments.
We endeavour to:
Provide automated customer driven services
Mainstream pension knowledge
Facilitate innovation in pension products and services
Company Details
- Employees
- 42
- Founded
- -
- Address
- 8th Floor, Umar Shopping Arcade, Chaandhanee Magu,maldives
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- pension.gov.mv
- HQ
- Male
- Competitors
- Housing Development Finance Corporation Plc, Dhiraagu, Maldives Inland Revenue Authority (MIRA Maldives), Bank of Maldives, Maldives Pension Administration Office, Dhivehi Insurance, Ooredoo Maldives, Auditor General's Office, Maldives, International Social Security Association, Crowe CyberSecurity Maldives.
Pension Office Questions
Pension Office's website is pension.gov.mv
Pension Office's LinkedIn profile is https://mv.linkedin.com/company/pensionoffice
Pension Office has
42 employees.
View email and phone details for 42
employees at Pension Office.
Pension Office's industry is
Financial Services
Pension Office's top competitors are
Housing Development Finance Corporation Plc,
Dhiraagu,
Maldives Inland Revenue Authority (Mira Maldives),
Bank Of Maldives,
Maldives Pension Administration Office,
Dhivehi Insurance,
Ooredoo Maldives,
Auditor General's Office, Maldives,
International Social Security Association,
Crowe Cybersecurity Maldives.
Pension Office's categories are Financial Services
Pension Office's founding year is 2009
