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Definition | : | Government Superannuation Fund |
Category | : | Governmental » Policies & Programs |
Country/ Region |
: | New Zealand
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Popularity | : |
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Government Superannuation Fund (GSF) dates back to 1948, when it was established to provide a way for state sector employees to save for their retirement. Contributors make regular contributions to the Fund and in return, on retirement, receive a defined level of income. The GSF Schemes were closed to new members from 1 July 1992, except for persons who were eligible for membership through their employment with certain Pacific Island governments. Membership was closed to these persons in 1995.
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The full form of GSF is Government Superannuation Fund
Government Superannuation Fund