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The Maldives pension fund has grown to MVR 30.3 billion as of September this year, with 204,549 people enrolled in the Maldives Retirement Pension Scheme. Speaking at the Maldives Finance Forum at DusitD2 Feydhoo, Pension Office CEO Yazmeed Mohamed said the office aims to diversify investments toward ESG and climate financing.
Strengthening the country's economy is therefore essential to ensuring the long term growth of the pension fund and the retirement security of its members,
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Figures in these reports
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MVR 30.3 billionpension fund sizeThe EditionMaldives pension fund has grown to MVR 30.3 billion as of September this year, with 204,549 people enrolled in the Maldives Retirement Pension Scheme (MRPS).
Word for word from the report in The Edition. Open the report
204,549 peoplepeople enrolled in MRPSThe EditionMaldives pension fund has grown to MVR 30.3 billion as of September this year, with 204,549 people enrolled in the Maldives Retirement Pension Scheme (MRPS).
Word for word from the report in The Edition. Open the report
MVR 16.8 millionretirement pensions paid outThe EditionPension Office CEO Yazmeed Mohamed said the fund had surpassed MVR 30 billion and paid out MVR 16.8 million in retirement pensions over the past 12 months.
Word for word from the report in The Edition. Open the report
MVR 158 milliongovernment spending on pensionsThe EditionThe government spent MVR 158 million on pensions during the same period.
Word for word from the report in The Edition. Open the report
Other events named
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The Maldives Finance Forum was organized by the Pension Office.The EditionMaldives Finance Forum has been organized by the Pension Office since 2012.
Word for word from the report in The Edition. Open the report