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Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). [8] The EPF claims that the lowered dividend is the result of its decision to invest in low-risk fixed revenue instruments, which produce lower returns but maintains the principal value of its members' contributions.
The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India. [9] The board is chaired by the Union Labour Minister of India. Presently, the following three schemes are in operation under the Act: Employees' Provident Fund Scheme, 1952
Sino-Portuguese Joint Declaration; Joint Declaration on the Doctrine of Justification; Joint Declaration by Members of the United Nations, in 1942 by the American and British governments on behalf of the Allied Powers, relating to the Holocaust; June 15th North–South Joint Declaration; Joint Declaration: Challenges to Freedom of Expression in ...
The United Nations Joint Staff Pension Fund - also known by its acronym UNJSPF in English or CCPPNU in French- was established in 1949 by the General Assembly of the United Nations to provide retirement, death, disability and related benefits for staff of the United Nations and the other organizations admitted to membership in the Fund.
Plaque commemorating the Joint Declaration at St. Anne's Church, Augsburg. The "Joint Declaration on the Doctrine of Justification" (JDDJ) is a document created and agreed to by the Catholic Church's Pontifical Council for Promoting Christian Unity (PCPCU) and the Lutheran World Federation in 1999 as a result of Catholic–Lutheran dialogue.
The history of Provident Fund (PF) in Nepal dates back to 1934 when the PF scheme came into existence with the establishment of Sainik Drabya Kosh (Army Provident Fund) during the Rana Regime. [4] The scheme was initiated with the intentions of removing financial hardships to the army personnel after their retirement. Under the scheme, the army ...
Under the Annex I (Section XI) of the Sino-British Joint Declaration, [12] it stated that: The Hong Kong Special Administrative Region Government shall protect the rights and freedoms of inhabitants and other persons in the Hong Kong Special Administrative Region according to law. The Hong Kong Special Administrative Region Government shall ...
Another fund owned by the Malaysian government is the Employees Provident Fund, a retirement fund that as of 31 March 2024, had an asset size of RM1.19 trillion (US$251.61 billion), of which overseas investments account for 38% of total assets, [70] making it the 4th largest pension fund in Asia and 13th largest in the world. [71]