Regulatory Alerts2018-03-31
PF Circular 90: Minimum Information Disclosure Requirements for Pensioners, Deferred Pensioners, and Dependants
The Registrar of Pension Funds mandates that all registered pension funds disclose minimum standardized information to pensioners, deferred pensioners, and dependants of deceased members. The circular establishes four distinct disclosure categories—General, Initial, Annual, and Special—detailing mandatory data points regarding fund governance, benefit calculations, payment schedules, increase policies, and dispute resolution procedures. All communications must be delivered in clear, plain-language written formats across official languages, with funds encouraged to maintain ongoing engagement and governance participation opportunities for beneficiaries.
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