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Voluntary private collective pension provision; Voluntary private individual pension provision Georgia: Basic pension: N/A: N/A: N/A Germany: Social assistance: Social insurance system: Voluntary occupational pension insurance: Private pension schemes Hong Kong: Basic pension: Provident fund system: N/A: N/A Hungary: Social assistance: Private ...
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The state pension system is administered by the Sosyal Güvenlik Kurumu (Social Security Institution, SGK), which collects insurance contributions from employees and their employers, at the rate of 9% from employees and 11% from employers. Once someone who paid contributions to the SGK for the required amount of time reaches retirement age ...
Public pension funds, or funds for retirement savings of people who work for a government employer or in the public sector. Subcategories This category has the following 4 subcategories, out of 4 total.
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In the manifesto published by the Awami League for the 2008 general elections, the party promised to formulate a pension system for all classes of citizens. [1] On 30 June 2016, while presenting the budget plan for the fiscal year 2016-2017, Abul Maal Abdul Muhith, the then finance minister, expressed his interest in introducing a pension scheme for private sector employees and revamping the ...
India operates a complex pension system. There are however three major pillars to the Indian pension system: the solidarity social assistance called the National Social Assistance Programme (NSAP) for the elderly poor, the civil servants pension (now open for all) and the mandatory defined contribution pension programs run by the Employees' Provident Fund Organisation of India for private ...