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The National Pensions Fund has been established
to sponsor a prominent segment that has extinguished all the candles of youth
for the Government and community. We ought to recognize the faithful efforts of
those who field the revival of Sudan at all economic, social and developmental
spheres for the welfare of the whole people.
The seed of this concept was sown in 1968 within the framework of reorganization
of the Public Personnel Bureau. The proposed was not executed.
In 1981-1982 the Auditor General suggested within his annual report the
allocation of a separate budget for the pensions Department. In 1986 the Council
of Ministers issued a Cabinet Resolution to form a national committee for public
service. To this group was delegated the feasibility of establishing a national
fund for pensions, after collecting subscriptions and investing them in a way
contributive to public interest, economically and socially.
In July 1988 a technical sub-committee was established to pursue the institution
of the Fund. A draft law was forwarded to the Council of Ministers but was not
approved.
In October 1991 the National Pensions Bye-Laws were issued after the victory of
the National Salvation Revolution. That was the real birthday of the Fund, which
started activities as of 01/07/94. |
