Following the enactment of the Workers' Rights (Portable Retirement Gratuity Fund) (Amendment) Regulations 2020, employers are required to submit, as from January 2022, a monthly PRGF return, and effect payment in respect of PRGF contributions to the Director-General of the MRA.
During the period 01 January 2020 to 31 December 2021 (the suspended period) there was no obligation to contribute to the PRGF. If an employee was employed as of 01 January 2022, the employer must pay contributions for their past services. Under the Finance Act 2023, contributions made during the suspended period are now considered as 'past services'. These contributions must be paid to the MRA within one
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Web page updated on 17 Mar 2025 16:17