Authority, commission or agency
Maldives Retirement Pension Scheme (MRPS)
In the news, last 90 days
Economy
Pension-funded Hajj bookings now open to members aged 65 and above
New regulations under the sixth amendment to the Maldives Pension Act remove the age-65 restriction, allowing eligible Maldives Retirement Pension Scheme members aged 65 and above to reserve a Hajj place using their retirement savings. The Pension Office said more than 23,000 members met the conditions for pension-funded Hajj.
Education
Pension Office brings financial planning into focus for MNU students
The Pension Office held a financial literacy session, 'Secure on 30 Oct: Understanding Personal Finances & Planning Ahead', for Maldives National University students, covering budgeting, credit and debt, saving and investing, and retirement planning under the Maldives Retirement Pension Scheme. The Pension Office described the session as part of its continuing efforts to strengthen financial literacy among young people.
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