Regulatory Alerts2025-01-01
Pension (Exemption) Order 2025
Malawi’s Minister of Finance and Economic Affairs, S. Chithyola, has issued the Pension (Exemption) Order 2025 to exempt designated employee categories from mandatory pension contributions under the Pension Act, 2023. The Order establishes clear definitions for domestic workers, expatriates, and seasonal employees while listing exempted classes that include the President, Vice-Presidents, Members of Parliament, councillors, and short-term contract staff. By formally revoking the 2011 and 2015 exemption orders, this legislation consolidates pension eligibility rules for these groups effective April 2025.
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