National Pension Scheme (General) Regulations 1999
Download PDF| Year | 1999 |
|---|---|
| Category | Consolidated |
| Last Updated | 2026-02-19 16:15:51 |
|---|---|
| File Size | 167.6 KB |
| Source | bermudalaws.bm |
Table of Contents
- 1. Citation
- 2. Interpretation
- PART II
- 3. Application for registration of pension plan, etc.
- 4. Application for registration of amendment of pension plan
- 4A. Application for approval as trustee
- 5. Proof of participation in financial institution pension plan
- 6. Issuance of notice of registration of a pension plan, etc.
- 7. Issuance of notice of registration of amendment
- 8. Annual information report
- 9. Financial statements
- 10. Administrator to provide information to eligible persons, etc.
- 11. Annual statement to members of pension plan
- 12. Termination statement - deferred pensions
- 13. Termination statement - refunds
- 14. Statement to survivor
- 15. Statement on retirement
- 16. Information available on request
- PART IIA
- 16A. Retention of records by employer
- PART III
- 17. Notice of proposal to wind up
- 18. Insufficiency after winding up
- 19. Fees
- PART IV
- 20. Interpretation
- 21. Self-employed person to register self-employment pension plan
- 22. Amount of contribution to self-employment pension plan
- 23. Non-application of regulation 21 to certain self-employed persons
- 24. Application of Act and Regulations to self-employed persons
- PART V
- 25. Interpretation
- 26. Duties of administrator
- 27. Investment policies and goals
- 28. Defined contribution pension plan
- 29. Requirements for pension fund investment
- 30. Mortgages, etc.
- 31. Assets of pension fund
- 32. Borrowing
- 33. Investment in real estate
- 34. Conflict of interest
- 35. Prohibited loans and investments
- 36. Assets, etc. to be in name of pension fund
- 37. Acceptance of bonds, etc. by pension fund
- 38. Transitional
- PART VI
- 39. Interpretation
- 39A. Application for approval to issue annuity contracts
- 40. Funding of defined benefit plan
- 40A. Funding of multi-employer pension plan
- 41. Application for approval
- 42. Notice of proposed transfer
- 43. Defined contribution provisions
- 44. Defined benefit provisions - full transfers
- 45. Defined benefit provisions - partial transfers
- 46. Plan amendments
- 47. Administrator to retain member records
- 48. Effective date
- 49. Method of calculating assets and liabilities
- 50. Initial valuation report
- 51. Triennial report and solvency concerns
- 52. Report on amendment of defined benefit plan
- 53. Actuarial reports
- 54. Protection of annuity contracts
- 55. Calculation of commuted value
- 55A. Surplus
- 56. Employer holds money in trust for member
- FIRST SCHEDULE
- SECOND SCHEDULE
- 69. of the National Pension Scheme (Occupational Pensions) Act 1998 makes the following
- 1. These Regulations may be cited as the National Pension Scheme (General)
- 2. In these Regulations unless the context otherwise requires—
No cases currently cite this legislation.