Regulatory Alerts2018-11-29
Regulation for the Establishment of Supplementary Employer Pension Fund
The Board of the Central Bank of Kosovo issued this regulation to establish comprehensive requirements and guidelines for creating supplementary employer pension funds as independent, not-for-profit legal entities. It mandates specific governance structures, including a sponsor-appointed and participant-majority Board of Directors, while requiring clear funding commitments for defined benefit and contribution plans alongside strict asset segregation. The regulation further outlines investment principles, licensing procedures, participant rights, and transparency obligations, officially replacing the 2002 pension fund establishment rule.
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