RegAlert

Rule · RBM · 13 Jul 2011

Pension (Salary Threshold and Exemptions) Order, 2011

The Minister of Finance, Ken Edward Kandodo, issued the Pension (Salary Threshold and Exemptions) Order, 2011, which exempts employers whose employees' monthly pension emoluments are K10,000 or less from specific sections of the Pension Act, 2011. Additionally, the Order exempts several categories of employers and employees entirely from the application of the Pension Act, 2011. These exempted categories include seasonal employees, tenants, expatriate employees holding Temporary Employment Permits, Members of Parliament in their official capacity, and domestic workers.

MalawiReserve Bank of Malawi

GOVERNMENT NOTICE NO. 32

PENSION ACT, 2011
(ACT NO. 6 OF 2011)

PENSION (SALARY THRESHOLD AND EXEMPTIONS) ORDER, 2011

IN EXERCISE of the powers conferred by section 10 of the Pension Act, 2011, I, KEN EDWARD KANDODO, Minister of Finance, make the following Order---

Citation1. This Order may be cited as the Pension (Salary Threshold and Exemptions) Order, 2011.
Definitions2. In this Order, unless the context otherwise requires---
"expatriates" means skilled professionals of foreign origin working in Malawi and holding a valid Temporary Employment Permit (TEP) issued by the relevant authorities in Malawi;
---
"seasonal workers" means employees whose work, because of its nature or because of factors peculiar to the industry in which it is performed, is available, at approximately the same time or times every year, for part or parts of the years; and
Cap. 55:02"tenant" means an employee in terms of the Employment Act, who enters the services of a landlord to grow a crop of the landlord or any other related services. Salary threshold

SCHEDULE (para. 2)

EXEMPT CATEGORIES OF EMPLOYERS AND EMPLOYEES

  1. Seasonal employees;
  2. Tenants;
  3. Expatriate employees in possession of Temporary Employment Permit;
  4. Members of Parliament in their capacity as such;
  5. Domestic workers.

Made this 13th day of July, 2011.

(FILE NO. TII 614)

KEN E. KANDODO
Minister of Finance

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Act No. 6 of 2011Not in RegAlertAct No. 6 of 2011 — Not in RegAlertPension (Salary Threshold andExemptions) Order, 20112011-07-13 · this documentPension (Salary Threshold and Exemptions) Order, 2011 (2011-07-13)
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Issued under
  • Act No. 6 of 2011Not in RegAlert

    “IN EXERCISE of the powers conferred by section 10 of the Pension Act, 2011”

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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

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