Dossier
Defined Contribution Pension Fund Scheme (DCPFS)
Coverage of Defined Contribution Pension Fund Scheme (DCPFS) in the Nexus archive.
- Govt executes agreements with pension fund managers
The government has executed agreements with 16 pension fund managers to operationalize the Defined Contribution Pension Fund Scheme for public sector employees, ensuring death and disability risk coverage. A Non-Banking Finance Company will be established to assist in implementing and monitoring the pension scheme.