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Bill: National Provident Fund Act
Details
Submitted by[?]: Partido Popular Nacional de Tukarali
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: October 4352
Description[?]:
Act to establish a mandatory savings scheme for retirement, in which all citizens contribute a portion of their salaries to private accounts which have these monies invested by a selection of investment companies and funds, and the interest accrued adds to the sum and by retirement, the citizen will get to withdraw their funds for retirement |
Proposals
Article 1
Proposal[?] to change The government's policy concerning the pension system.
Old value:: The state operates a compulsory public system combined with an optional private pension.
Current: The state operates a compulsory public system combined with an optional private pension.
Proposed: There is a compulsory private pension system.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes | Total Seats: 36 | ||||
no |
Total Seats: 89 | ||||
abstain |
Total Seats: 0 |
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