Pension Fund Administration

Pension Fund Administration involves managing and overseeing the assets set aside to pay retirement benefits to workers. It includes tasks like collecting contributions from employees and employers, investing these funds to grow their value, maintaining accurate records, and ensuring timely payment of pensions. The administrator ensures compliance with legal and regulatory requirements, manages risk, and provides transparency to stakeholders. Essentially, it’s the organized process that ensures individuals have financial resources when they retire, by professionally handling investments, record-keeping, and payments for their pension plans.