Econ and Finance - 24 Jun 2020

Coastal regions keep national pension scheme from going bankrupt

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The Ministry of Finance (MoF) recently released stats on the central pension adjustment fund (CPAF).

Some context: The CPAF was established in 2018 to transfer money from provinces with pension fund surpluses to provinces with pension fund deficits.

In 2020, seven provinces are net contr...


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