Regulations on Compliance Officers

This is aimed at achieving the set goals of providing sustainable pension to the deserving retired employees. Specifically, Section 68 of the PRA 2004 stipulates that every Pension Fund Administrator (PFA) (which includes the CPFAs), shall employ a Compliance Officer who shall be responsible for ensuring compliance with the provisions of the Act, any rules and regulations made thereunder and the internal rules and regulations made by the Pension Fund Administrator.