|
National Pensions Reserve FundFund detailsThe objective of the National Pensions Reserve Fund is to meet as much as possible of the costs of social welfare and public service pensions from 2025 onwards.The National Pensions Reserve Fund represents a move away from complete reliance on pay as you go to a part pre-funded public pension system. It involves the statutory setting aside and investing of 1% of GNP annually. No money can be drawn down before 2025¹. Location Treasury Building Grand Canal Street Dublin 2 Ireland References 1. National Pensions Reserve Fund Home page 2. Third Quarter 2010 Performance and Portfolio Update, National Pensions Reserve Fund Home page, October 29, 2010 Last Updated: 01.12.2010 Back to Sovereign Wealth Funds details |
