Vanuatu National Provident Fund
 | |
| Agency overview | |
|---|---|
| Formed | 1986 |
| Jurisdiction | Government of Vanuatu |
| Motto | Sevem Tudei, Enjoyem Tumoro ("Save today, enjoy tomorrow") |
| Agency executive |
|
The Vanuatu National Provident Fund (VNPF) is a compulsory pension scheme in Vanuatu. It was established in 1986 and commenced operation in 1987.[1] The General Manager is Parmod Achary.[2]
From 1992 to 1995 VNPF was involved in controversy due to its housing loan scheme.[1] In 2017 an inquiry found that it was "poorly managed and suffered from interference from a board unqualified and ill-suited to the task."[3]
References
[edit]- ^ a b Prasad, Biman C.; Kausimae, Paul (2012). Social Policies in Solomon Islands and Vanuatu. Commonwealth Secretariat. p. 53. ISBN 9781849290838. Retrieved 17 October 2017.
- ^ Roberts, Anita (9 September 2017). "New VNPF GM Appointed". Vanuatu Daily Post. Retrieved 17 October 2017.
- ^ "Vanuatu opposition calls for independent action on VNPF report". Radio New Zealand. 22 August 2017. Retrieved 17 October 2017.