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There are one other pension fund organizations in the country; the Public Services Social Security(PSSSF). Fund for all employees working directly under the government and for all employees working under governmental Parastatal organization [3] [4] The NSSF was founded in 1997 as the successor to the defunct National Provident Fund (NPF).
The National Social Security Fund was established in 1965 through the Act of Parliament Cap 258 of the Laws of Kenya. It initially operated as a Department of the Ministry of Labour until 1987 when the act was amended, transforming the fund into a state corporation under the management of a board of trustees. [2]
The National Social Security Fund that is managed by National Council for Social Security Fund - China Topics referred to by the same term This disambiguation page lists articles associated with the title National Social Security Fund .
A short reprieve until 2035 might be possible if a second Social Security fund is factored in but that would require a change in the law. Last year's report saw that hypothetical combined fund ...
Otherwise, drastic actions will have to be taken when the Social Security fund reaches its anticipated exhaustion date in 2034, after which continuing tax income will cover just 80% of scheduled ...
The National Council for Social Security Fund (SSF) is a public institution under the Ministry of Finance of China. It is responsible for the investment and operation of the National Social Security Fund. [1] [2]
A major funding source for Social Security is now expected to run out of money a year earlier than previously projected, putting even more pressure on lawmakers to come up with a solution for a...
Before 2012, there were only two major retirement benefits plans in the country: the Public Employees Retirement Plan, for some civil servants, and the National Social Security Fund (Uganda), for privately employed people whose employers had at least five employees on payroll. [5]