Malam PayRoll - The Perfect Fit for Your Needs
Pension collection office

Pension collection office

Provident fund payments regulations lodged at the close of 2014, and additional legislation as upcoming stages which the Treasury plans to approve, creates a situation where the employee must responsibly cope w correct pension payments to funds, and ensure that institutions have also correctly received the funds transferred to them.

The additional regulations under process concerning the possibility of choosing an agent will create a situation where employers will be required to work with a large number of agents, which will require the employer to utilize the services of an operational organization able to handle pension payments collection.

Malam Payroll, as an organization operating with employers and institutions, has built the Pension Collection Office option for employers.

The Office includes a range of services that employers need to uphold regulatory requirements and provide employees with the field’s optimal parameters. 

Services include:

  • Absorbing payroll files and executing splitting into funds and policies based on consultancy agreements
  • Building files for funds
  • Transferring monies for payment to funds through computerized automation
  • Receiving return feeds and executing comparisons
  • Correcting errors
  • Follow-up after data entry
  • Updating the client at various handling stages
  • Transferring authorization that the fund lists have been assimilated by the institution, while noting any anomalies

Malam Payroll allows the employer to receive all or part of these services in accordance with the employer’s requirements.

We will gladly assist you in enjoying the service that best suits your needs.

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