2017-06-29

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Law N° 29/2017 of 29/06/2017 establishing the long-term savings scheme and determining its organization

The Parliament of Rwanda enacted Law N° 29/2017, sanctioned by President Paul Kagame, to establish a voluntary, defined-contribution long-term savings scheme and define its organizational framework. The legislation mandates dedicated accounts managed by authorized administrators, investment managers, and custodians, while extending eligibility to citizens, foreign residents, informal workers, salaried employees, and minors. It defines benefit entitlements based on member contributions and investment performance, introduces state subsidies and fiscal incentives to encourage participation, and establishes regulatory oversight with inspection protocols and administrative sanctions.

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Law No. 86 dated 2013-09-11Law No. 86 dated 2013-09-11Law No. 16 dated 2012-05-22Law No. 16 dated 2012-05-22Law N° 29/2017 of 29/06/2017establishing the long-term sa…2017-06-29 · this documentLaw N° 29/2017 of 29/06/2017 establishing the long-term savings scheme and determining its organization (2017-06-29)Regulation No 53/2022 Establish…2022Regulation No 53/2022 Establishing Operational Requirements for Pension and Long-Term Saving Schemes (2022-09-01)
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Source: National Bank of Rwanda — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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