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Parent. Ministry of Health and Welfare. Website. www .nps .or .kr. The National Pension Service ( NPS; Korean : 국민연금공단; Hanja : 國民年金公團; RR : Gukminyeongeumgongdan) is a public pension fund in South Korea. It is the third largest in the world [1] with over $800 billion in assets, and is the largest investor in South Korea.
The Civil Service Retirement System ( CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government. Upon the creation of a new Federal Employees Retirement System (FERS) in 1987, those newly hired after that date cannot ...
The Council of School Supervisors & Administrators ( CSA) is a New York City based collective bargaining unit for principals, assistant principals, supervisors and education administrators who work in the New York City public schools and directors and assistant directors who work in city-funded day care. It was founded in 1962 as the Council of ...
Old-age pension [ edit] The old-age pensions ( Czech: starobní důchod) are the monthly benefits for people who have reached retirement age or who have worked for the required number of years. It has two components: a basic amount, which is 2700 CZK and a percentage amount which is defined individually, but cannot be less than 770 CZK.
In April 2012, the Northern Mariana Islands Retirement Fund filed for Chapter 11 bankruptcy protection. The retirement fund is a defined benefit type pension plan and was only partially funded by the government, with only $268.4 million in assets and $911 million in liabilities. The plan experienced low investment returns and a benefit ...
The seamen pension arrangement (called “Pensjonstrygden for sjømenn” in Norwegian) was established as a mandatory pension scheme by law on 3 December 1948, and its primary aim was to provide the pension for retired seamen, or their widows. Today it mainly covers retired seamen pensions between the ages 60 and 67.
The basic State Pension (alongside the Graduated Retirement Benefit, the State Earnings-Related Pension Scheme, and the State Second Pension) is a benefit payable to men born before 6 April 1951, and to women born before 6 April 1953. The maximum amount payable is £169.50 a week (April 2024 - April 2025). [1]
The "Law On Funded Pensions" was adopted on 22 December 2010 by the National Assembly. Thus, the pension system in Armenia became a multi pillar one, with two new voluntary and mandatory funded pension components being introduced. Pension system investment objectives. To minimize the risk of poverty at retirement by providing social welfare to ...