Maldives Pension Act (Act Number: 8/2009) requires the Pension Office to appoint a custodian to safekeep the invested Pension Assets. 

In this regard, Maldives Pension Administration Office (Pension Office) invites licensed Financial Institutions to submit proposals for providing custodian services for Maldives Retirement Pension Scheme (MRPS) assets for a period of 2 years from 01 July 2023 to 30 June 2025.

Interested parties are requested to submit Technical and Financial proposals separately in sealed envelopes latest by 14:00 hours, 09 May 2022 (Tuesday), to the following address:

Maldives Pension Administration Office

8th Floor, Allied Building

Chaandhanee Magu

Male’, Maldives

The Request for Proposal (RFP) is uploaded to the Gazette with this announcement and is also published on the website of the Pension Office (www.pension.gov.mv).