LAPF Pensions Fund was first established in 1944 to cover for the employees of the then Native Authorities. Since its inception until the year 2006 the Fund operated under Provident system under the Ministry responsible for Regional Administration and Local Government.

Following the establishment of the Local authorities Provident Fund, Act No. 6 of 2000 transformed the Fund to an autonomous corporate body status under the Board of Trustees. Latter the Fund was converted to a Pension Scheme under Act No. 9 of 2006 to provide pension benefits to its members and safeguard their contributions by investing in safe and high yield venture.