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Vanuatu National Provident Fund

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Vanuatu National Provident Fund
Agency overview
Formed1986 (1986)
JurisdictionGovernment of Vanuatu
MottoSevem Tudei, Enjoyem Tumoro
Agency executive
  • Parmod Achary, General Manager

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

  1. ^ 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.
  2. ^ Roberts, Anita (9 September 2017). "New VNPF GM Appointed". Vanuatu Daily Post. Retrieved 17 October 2017.
  3. ^ "Vanuatu opposition calls for independent action on VNPF report". Radio New Zealand. 22 August 2017. Retrieved 17 October 2017.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Vanuatu_National_Provident_Fund&oldid=978834994"