Maldives Retirement Pension Scheme (MRPS) is a mandatory defined contributory pension scheme where the employee and the employer each contribute 7 percent of the employee’s pensionable wage.

Pension contributions are invested in different asset classes s through the Funds managed by the Pension Office, and upon retirement the members are entitled to receive the returns from these investments on top of the accumulated contributions, thereby maximizing the value of the Retirement Savings of the members.

When investing the pension contributions, Pension Office adheres to the regulations outlined in the Pension Act, as well as investment strategies determined by the Statement of Investment Principle (SoIP) and Strategic Asset Allocation (SAA), formulated by the Investment Committee and endorsed by the Board of Pension Office.