Authority, commission or agency
Maldives Retirement Pension Scheme
In the news, last 90 days
Economy · Press release
Members Above the Age of 65 Can Now Use MRPS Funds for Hajj Reservations
Regulations under the 6th Amendment to the Maldives Pension Act have been gazetted and implemented, allowing Maldives Retirement Pension Scheme members aged 65 and above to use their Retirement Savings Account funds to reserve a mandatory Hajj pilgrimage spot. Members must not have performed Hajj before, keep a minimum RSA balance of MVR 336,000, and pay 20 percent of the Hajj price up front to the Maldives Hajj Corporation.
Economy
Retirement Pension Scheme pays MVR 14.84 million in October
The Maldives Pension Administration Office reported that the Retirement Pension Scheme paid MVR 14.84 million to 2,773 members in October, alongside MVR 128.98 million in Basic Pension payments to 27,420 recipients. The office also disbursed MVR 4.30 million to 2,198 long-service recipients and MVR 26.06 million through other State pension arrangements.
Economy · Press release
Pension Office conducts information session for employees in Hdh. Hanimaadhoo
The Pension Office held an information session on the Maldives Pension System for employees in Hdh. Hanimaadhoo on 15 October 2026, covering the Maldives Retirement Pension Scheme, contributions and retirement savings. Over 62 employees from various institutions on the island attended, as part of the Office's nationwide awareness outreach.
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