Govt taps 16 fund managers for pension reform
The government has moved to operationalise the Defined Contribution Pension Fund Scheme (DCPFS) for public sector employees, signing formal agreements with 16 pension fund managers a year after the scheme's launch, as part of broader reforms aimed at
August 04, 2026 (MLN): The government has moved to operationalise the Defined Contribution Pension Fund Scheme (DCPFS) for public sector employees, signing formal agreements with 16 pension fund managers a year after the scheme's launch, as part of broader reforms aimed at curbing the mounting pension burden on the national budget. The Ministry of Finance said in a circular that it had executed agreements with the e...