S.L. 514.4 Art. 4Technical provisions and technical funding requirements

(1) Every retirement scheme shall establish sufficient technical provisions in accordance with these regulations and

Pension Rules issued thereunder.

(2) The calculation of the technical provisions shall take place at such intervals as stipulated in the Pension Rules.

(3) Every retirement scheme shall be subject to and shall comply with a technical funding requirement, as well as with provisions regarding under-provision or over-provision of the technical funding requirement established in terms of these regulations.Requirement for an actuarial valuation and certificate from an actuary.