CHAPTER 2:06
PARLIAMENTARY PENSIONS (ENABLING PROVISIONS)

ARRANGEMENT OF SECTIONS

   SECTION

PART I
PRELIMINARY SECTION

   1.   Short title

   2.   Interpretation

PART II
ESTABLISHMENT OF FUND

   3.   Establishment of the Fund

   4.   Objects of the Fund

PART III
THE TRUSTEES

   5.   Trustees of the Fund

   6.   Appointment and removal of Trustees

   7.   Disqualifications

   8.   Meetings of the Trustees

   9.   Powers of the Trustees

   10.   Duties of the Executive Trustee

PART IV
FINANCIAL PROVISIONS

   11.   Contributions from Parliamentary remuneration

   12.   Government contributions

   13.   Conditions of pensions

PART V
SUPPLEMENTAL SCHEMES

   14.   Trustees to formulate supplemental schemes

   15.   Contributions to supplemental scheme premiums

PART VI
MISCELLANEOUS

   16.   Rules against perpetuities, etc., not applicable

11 of 1981

An Act to provide for the constitution of contributory funds under the name of the Parliamentary Pensions Premium Fund for the purpose of effecting and maintaining pensions and related benefits for Members of the National Assembly and their dependants; and further to provide for periodic contributions by such Members and the Government to such funds and for the appointment of trustees of such funds under the name and style of the Trustees of the Parliamentary Pensions Premium Fund; to provide for the incorporation of such Trustees as a body corporate; to provide for the terms and conditions of the trusts under which the aforementioned funds shall be held and administered by such Trustees, and for the powers, duties and obligations of such Trustees in respect thereof and in relation to the beneficiaries thereunder; and further to provide for matters incidental to or connected with the foregoing

[1ST JANUARY 1972]

PART I
PRELIMINARY

1.   Short title

   This Act may be cited as the Parliamentary Pensions (Enabling Provisions) Act.

2.   Interpretation

   In this Act unless the context otherwise requires—

   “Chairman” means the Chairman of the Trustees designated by section 6 (1) (2);

   “Fund” means the Parliamentary Pensions Premium Fund, established by section 3;

   “insurer” means any person doing business in Malawi, as a life insurer;

   “Member” means a member of the National Assembly;

   “Minister” includes the Speaker and Deputy Ministers;

   “Parliamentary Service” means service as a Member of Parliament for any determinate period;

   “reckonable service” means the aggregate of all Parliamentary Service;

   “scheme” means any pension formulated under this Act and includes any supplemental scheme;

   “Speaker” means the Speaker of the National Assembly

   “Trustees” means the Trustees of the Parliamentary Pensions Premium Fund constituted by section 5.

PART II
ESTABLISHMENT OF FUND

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