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Receive contributions, surcharges and income from investments |
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Pay benefits to eligible members as determined by the Commissioner of Labour under |
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the Act |
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Invest excess funds in appropriate securities |
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Pay interest on member balances |
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Maintain general accounts and accounts with respect to each member |
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Publish annual accounts |
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Issue member account balance statements periodically |
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Issue certificates for housing loan purposes and reimburse defaulted instalments to the |
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respective lending institutions. |