The Vanuatu National Provident Fund (VNPF) is a compulsory

pension A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments ...

scheme in

Vanuatu Vanuatu ( or ; ), officially the Republic of Vanuatu (french: link=no, République de Vanuatu; bi, Ripablik blong Vanuatu), is an island country located in the South Pacific Ocean. The archipelago, which is of volcanic origin, is east of no ...

. It was established in 1986 and commenced operation in 1987. The General Manager is Parmod Achary. From 1992 to 1995 VNPF was involved in controversy due to its housing loan scheme. In 2017 an inquiry found that it was "poorly managed and suffered from interference from a board unqualified and ill-suited to the task."

References

External links

* {{Official, https://www.vnpf.com.vu/ Public pension funds Government of Vanuatu 1986 establishments in Vanuatu Economy of Vanuatu