Pension fund

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A pension fund , also known as superannuation fund in some countries, is any plan, fund or scheme that provides a pension income.

Pension funds usually have large sums of money to invest and are the main investors in private and registered companies. They are very important for stock markets where large institutional investors dominate. The largest 300 pension fund collectively has assets of around $ 6 trillion. In January 2008, The Economist reported that Morgan Stanley estimates that pension funds worldwide have assets of more than 20 trillion US dollars, the largest for each category of investors ahead of mutual funds, insurance companies, currency reserves, the sovereign wealth of funds, hedge funds, or private equity.

The Federal Federal Guarantee Fund and Federal Survivors Fund is the largest public pension fund in the world that oversees $ 2,743 trillion in assets.

Video Pension fund

Classification

Open retirement vs. funds closed

Open pension funds support at least one pension plan with no restrictions on membership while closed pension funds support only limited pension plans for certain employees.

Closed pension funds are further subclassified into:

• Single employer pension fund
• Multi-employer pension fund
• Membership related retirement fund
• Individual pension funds

Public pension fund vs. private

Public pension funds are one that is regulated under public sector law while private pension funds are regulated under private sector law.

In certain countries the difference between public or government pension funds and private pension funds may be difficult to assess. In other countries, this distinction is made sharply in legislation, with very specific requirements for administration and investment. For example, local government bodies in the United States are subject to legislation authorized by the countries in which the location exists, and this law includes provisions such as defining permissible investment classes and minimum municipal obligations.

Maps Pension fund

The largest pension fund

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By country

Australia

Government

• Commonwealth Control Scheme (old scheme for federal civil servants)
• Superannuation Schemes and Military Benefits (current scheme for Australian Defense Force personnel)
• The Public Sector Superannuation accumulation plan (current scheme for federal civil servants)
• Public Sector Superannuation Scheme (old scheme for federal civil servants)
• Super State (for New South Wales state civil servants)

Industry (not for profit)

• AustralianSuper
• AustSafe Super
• CareSuper
• Cbus
• Super Energy
• FIRSTSUPER
• HESTA
• Hostplus
• legalsuper
• LUCRF Super
• Super Media
• MTAA Super
• NGS Super
• REI Super
• TWUSUPER

Accessibility

ANZ Australian Superannuation Scheme (untuk karyawan Bank ANZ)

Kepercayan Superannuation Karyawan Eceran

Brazil

• Aceprev
• Baneses
• Banesprev
• Centrus
• FAPES
• Forluz
• Funcef
• FundaÃÆ'§ÃÆ' £ o Banrisul
• FundaÃÆ'§ÃÆ' £ o CESP
• FundaÃÆ'§ÃÆ' £ o Itaubanco
• Petros
• PREVI - Caixa de PrevidÃÆ'ªncia dos FuncionÃÆ'¡rios melakukan Banco do Brasil (days pensiun swasta tertutup untuk karyawan bank pemerintah federal Brasil)
• Sistel
• Valia

Canada

Pemerintah

• Manajemen Investasi Alberta
• British Columbia Investment Management Corporation
• Caisse de dà © pÃÆ'Â't et penempatan du QuÃÆ' © bec
• Canada Pension Plan (investas yang diarahkan oleh Badan Investas Rencana Pensiun Kanada)
• HOOPP
• Ontario Teachers Pension Plan
• Invest in PSP
• Badan Investas Pensiun Public Sector

Access

• BC Pension Corporation, Termasuk Program Pensiun College, Rencana Pensiun Kota, Rencana Pensiun Layanan Public, Rencana Pensiun Guru, WorkSafeBC
• Sekolah Tinggi Seni Terapan Day Technology Pensiun (CAAT)
• Perawatan Kesehatan dari Pensiun Ontario (HOOPP)
• OMERS Administration Corporation (OMERS)
• Badan Pensiun Ontario (OPB)
• Rencana Pensiun Ontario Guru
• OPSEU Pension Trust (OPTrust)

Chili

• AFP Model
• Pensiun Chili system

China

Dana Jaminan Sosial (Kina) - dikelola oleh Dewan Nasional untuk Dana Jaminan Sosial

Yunani

Pemerintah

• Dana Pensiun Pegawai Umum

Access

• TAPILTAT, Dana untuk Bantuan Bersama Karyawan Bank Ioniki dan Bank Lain, day pensiun tambahan multi-majikan

Hong Kong

• Dana Wajib Wajib

India

• Your organization Dana Penyedia Karyawan - badan hukum pemerintah India yang mengelola scheme Dana Penyedia Dana Wajib, Schema Pensiun dan Skema Asuransi. Dana Providen berlaku untuk semua karyawan di seluruh as a base (swasta maupun pemerintah, tergantung pada kriteri). The EPF's public health fund has fallen in 2014. 5 lakh crore (US $ 104 billion) falls in 2014.
• Schema Pensiun Nasional - Schema Pensiun berbasis Contribution yang ditetapkan oleh pemerintah India terbuka untuk semua warga negara India secara sukarela dan wajib bagi pegawai pemerintah pusat (kennel angkatan bersenjata india) yang ditunjuk pada atau setelah 1 januari 2004. Warga negara India antara usia 18 days 65 memenuhi syarat untuk bergabung.

Jepang

• Meat Layanan Pensiun Jepang
• Dana Investas Pensiun Pemerintah, Jepang (GPIF, ??????????????)

Malaysia

Employees Provident Fund

Morocco

• Caisse de dà © pÃ't et de gestion
• CMR (dalam bahasa Prancis)

Nepal

• Karyawan Provident Fund Nepal

Belanda

• Stichting Pensioenfonds ABP (ABP)
• Stichting Pensioenfonds Zorg en Welzijn (PFZW, sebelumnya PGGM)

norway

• Dana Pensiun Pemerintah - Global (Penerima uang negara - Utland)
• Dana Pensiun Pemerintah - Norway (Statens pensjonsfond - Norge)

Romania

The pension system in Romania is made up of three pillars. One is the state pension (Pilar I - Mandatory), the second is a mandatory private pension in which the state transfers a percentage of the contributions collected for public pensions, and the third is an optional private pension (Pillar III - Voluntary).

The Financial Supervisory Authority - Private Pension is responsible for the oversight and regulation of the private pension system.

Saudi Arabia

• Public Retirement Institution (PPA)
• General Organization for Social Insurance

Singapore

• Central Provisioning Fund

Switzerland

• The pension system in Switzerland

Turkish

Government

• Sosyal GÃÆ'¼venlik Kurumu (Social Security Institute, SGK)

The Social Security Institution was established by the Social Security Agency Act No: 5502 which was published in Official Gazette No: 26173 of 20.06.2006 and carried the Social Insurance Institution, Directorate General Ba? -kur and Direktorat General Emekli Pasir ?? ? whose historical development is summarized above under one roof to transfer five different pension regimes of public servants, paid contract workers, agricultural-paid workers, self-employed and self-employed farmers into a pension regime that would offer equal actuarial rights and obligations.

Private

• Armed Forces Pension Fund

OYAK (Ordu Yard? Mla? Ma Kurumu/Armed Forces Pension Fund) provides its members with an "additional pension allowance" other than the official pension fund, T.C.Emekli Sand ???/SSK, where they are mainly affiliated.

In addition to retirement benefits, OYAK also pays "disability benefits" to members in charge when they become partially or fully disabled and "death benefits" to the deceased member's heirs if death occurs as long as the member subscribes to the foundation.

OYAK is entered as a private entity under its own legal subject to the Turkish civil and commercial code. OYAK, while fulfilling its legal obligations, as provided in law, also provides its members with social services such as loans, home loans and retirement income systems.

The initial source of OYAK funds is a mandatory 10 percent levy on the basic salary of 200,000 employees serving Turkey, along with the current 25,000 retirees, who are members of OYAK.

Some other private Turkish pension funds:

• STRUCTURES AND CREDITS? BANKASIA.?. The attendant? Help and Pensions Sand ??? Foundation?
• AKBANK T.A.?. The attendant? TekaÃÆ'¼t Sand ??? Foundation?
• TÃÆ'Ã… "RK? YE GARANT? BANKASIA.?. Officers and Employees Retire and Help Sand? Foundation?
• TÃÆ' ¼ ÃÆ'? Ã, Â £? S? GORTA AND EMERGENCY? PASSWORD? I FOUNDATION
• TÃÆ'¼RK? YE ?? BANKASIA.?. The attendant? Retired Sand ??? Foundation?

United States

In the United States, pension funds include schemes that result in income delays by employees, even if the provision of retirement income is not intended. The United States has $ 19.1 trillion in pension and retirement assets ($ 9.1 trillion in private funds, $ 10 trillion in public funds) as of December 31, 2016. The 200 largest pension funds accounted for $ 4,540 trillion as of September 30, 2009.

Government




src: financialtribune.com




See also

• Global assets managed
• Pension insurance contract
• Retirement rules
• Qualified registered overseas pension schemes
• Country funds fund



src: www.pionline.com




References

Source of the article : Wikipedia