Contribution Mechanism
Participants or their employer on their behalf can deposit the contributions to the Fund in the account of “CDC-Trustee Alfalah KPK Employee Pension Fund” & “CDC-Trustee Alfalah Islamic KPK Employee Pension Fund” in the following manner:
- Direct bank transfer.
- Standing instructions from the Participants to their bank for regular transfer of contribution.
- In the form of “Account Payee Only” cheques, payment orders or demand drafts.
- Any other electronic form of transfer.
Structure of Khyber Pakhtunkhwa Employee Pension Fund
The structure and investment parameters of Khyber Pakhtunkhwa Employee Pension Fund is approved by the SECP under the Khyber Pakhtunkhwa Contributory Provident Fund Rules 2022, and Voluntary Pension System Rules 2005.
The Employees of Khyber Pakhtunkhwa Government are to register as participants to open their Individual Pension Account (IPA) with a selected Fund Manager. The Khyber Pakhtunkhwa Government will arrange to transfer contributions to the respective employee’s IPA on behalf of both the Employee participant and Employer on a regular basis.