The Christian Health Association of Malawi (CHAM) Pension Fund invites applications from suitably qualified and experienced consultants (individuals or firms) to undertake a consultancy assignment for the development of a comprehensive Pension Strategy for the period 2026-2030.

Background

CHAM Pension Fund is committed to promoting employee welfare and ensuring sustainable retirement benefits for its members. Since the 2020-2025 Strategic Plan came to an end, the Fund intends to develop a new strategic framework (2026- 2030) that will strengthen pension management, enhance financial sustainability, and ensure compliance with relevant pension regulations. The consultancy will review the previous strategic plan, assess the current pension arrangements, and develop a robust pension strategy that aligns with the Fund's mission and regulatory requirements, including the Pensions Act 2023 and the Financial Services Act 2024.

Scope of the Assignment

The consultant will be required to:

• Review and evaluate the 2020-2025 CHAM Pension Fund Strategic Plan.
• Assess existing pension arrangements and compliance with national pension legislation.
• Identify gaps, inefficiencies, and risks in the current pension framework.
• Conduct benchmarking with comparable pension schemes and international best practices.
• Develop a comprehensive CHAM Pension Fund Strategic Plan (2026-2030).
• Propose policy, governance, and implementation frameworks.
• Facilitate stakeholder consultations and validation of the strategy.

Duration of the Assignment

The consultancy is expected to be conducted over a period of nine (9) weeks from the date of contract signing

Consultant Qualifications

Interested consultants (individuals or firms) should possess:

• An advanced degree in Finance, Economics, Investments, Business Administration, Actuarial Science, Human Resource Management, or a related field.
• Demonstrated experience in pension strategy development, financial strategy consulting, or related assignments.
• Strong knowledge of pension regulatory frameworks and financial modelling.
• Proven experience working with multi-stakeholder institutions.
• Excellent analytical, communication, and report writing skills.

Submission Requirements

Interested consultants should submit

• A Technical Proposal outlining understanding of the assignment, methodology and work plan.
• A Financial Proposal detailing professional fees and associated costs.
• Curriculum Vitae of key personnel.
• Evidence of relevant experience and references from similar assignments undertaken within the past three years.

Submission of Proposals

Proposals should be addressed to:

The Chairperson
Internal Procurement and Disposal of Assets Committee
Christian Health Association of Malawi (CHAM) P.O. Box 30378
Capital City Lilongwe 3

Email: procurement@cham.org.mw

Closing Date

The deadline for submission of proposals is Thursday, 9 April 2026, at 12:00 noon.

Only shortlisted applicants will be contacted.