Vanuatu National Provident Fund

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]

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

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. 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.
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