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MAPAS was established in order to supervise the operation of pension funds with the ultimate objective to protect the interests of pension fund members.more
The Agency is responsible for its work in front of the Government. The agency is responsible for granting, withdrawing and revoking licenses for establishment of companies.
It supervises the operations of pension companies, the mandatory and voluntary pension funds, as well as the custodians and foreign asset managers.
The Agency also promotes, organizes and encourages the development of fully funded pension insurances in Macedonia and develop public awareness of the purposes and principles of pension companies and pension funds, the benefits of the membership in a mandatory and / or voluntary pension fund, including the benefits of participation in the pension scheme, the rights of members of the mandatory and voluntary pension funds.
In addition to the annual report on its operations, it prepares and publishes an annual report on the situation in the fully funded pension insurance which provides transparency in this insurance.
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