RegAlert

Rule · RBM · 15 Apr 2025

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.

MalawiReserve Bank of Malawi

S. CHITHYOLA
(REF. NO. FIN/PFSPD/01/06) Minister of Finance and Economic Affairs GOVERNMENT NOTICE NO. 63 PENSION ACT (NO. 6 OF 2023) PENSION (EXEMPTIONS) ORDER, 2025 IN EXERCISE of powers conferred by section 11 of the Pension Act, 2023, I, SIMPLEX CHITHYOLA, Minister of Finance and Economic Affairs, in consultation with the Minister responsible for labour and with the Registrar, make the following Order__

  1. This Order may be cited as the Pension (Exemptions) Order, 2025.
  2. In this Order, unless the context otherwise requires__
    “domestic work” means work performed in or for a household; “domestic worker” means any person engaged in domestic work within an employment relationship; “expatriate” means an employee of foreign origin working in Malawi and holding a valid Temporary Employment Permit; and “seasonal employee” means an employee who is engaged in seasonal employment as provided for in the Employment Act.
  3. The classes or categories of employees set out in the Schedule shall
    be exempt from the application of the Act.
  4. The following Orders are revoked__
    (a) the Pension (Salary Threshold and Exemption) Order, 2011; and (b) the Pension (Exempted Classes or Categories of Employers or Employees) Order, 2015. Citation Interpretation Cap. 51:01 Exempt classes or categories of employees Revocation Cap. 55:02 sub reg. pgs. 51 and 52 426 4th July, 2025

SCHEDULE (para. 3)
EXEMPT CLASS OR CATEGORY OF EMPLOYEES

  1. The President
  2. The First Vice-President
  3. The Second Vice-President
  4. A member of Parliament
  5. A councillor
  6. A domestic worker
  7. An employee on a non-renewable contract for a specified task, whose term does not
    exceed a period of six months
  8. An employee who, at the time of engagement, is above the retirement age of the
    employer
  9. An expatriate
  10. A seasonal employee on a non-renewable contract
    Made this 15th day of April, 2025.
    S. CHITHYOLA
    (REF. NO. FIN/PFSPD/01/06) Minister of Finance and Economic Affairs 4th July, 2025 427 Printed and Published by THE GOVERNMENT PRINTER, Lilongwe, Malawi—9806—(Price K800.00)

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: In force

Act No. 6 of 2023Act No. 6 of 2023Pension (Exempted Classes or Ca…Pension (Exempted Classes or Categories of Employers or Employees) Order, 2015Pension (Salary Threshold and E…Pension (Salary Threshold and Exemption) Order, 2011Pension (Exemption) Order 20252025-04-15 · this documentPension (Exemption) Order 2025 (2025-04-15)
amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

More like this from RBM

We email you every new RBM publication the day it's published.

Source: Reserve Bank of Malawi — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added · updated