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Others offered insurance-based pre-payment 'provident' arrangements to those on higher incomes, a development which coincided with the growth in private pay-beds.
Thus, over the next decade, seven sector-based provident funds were transformed into pension funds.
The suggestion, then, is that the greater visibility of cash plan products promoted by provident and commercial insurers may now be boosting scheme membership too.
That power is absolute, thoughtful of detail, orderly, provident, and gentle.
Only those who work in the public sector or for large private companies have benefits such as pensions and provident funds.
The benefits of the new mandatory private central provident fund scheme implemented since 2000 is in fact unclear.
It also makes an assumption that social enterprises are small, which is not true of many industrial and provident societies.
A dramatic growth in the number of provident funds led to worries concerning the viability of the small plant-based provident funds and a lack of coverage for temporary workers.
Employee and employer payments to non-state pension funds and provident funds are defined as private spending.
Alongside this, wage-earners covered by collective agreements were generally members of either pension or provident funds, while state employees were covered by a pension programme, fully funded from state revenues.
The authors are frank about the many failings of pensions programmes and provident funds in the region, including very low rates of population coverage, maladministration and corruption.
Protestantism would endorse this process by sanctifying desire as virtuous ambition, and by treating the market as a realm of provident opportunity.
I am sure that easing the burden of regulation on smaller industrial and provident societies will be welcomed by the co-operative movement.
The amounts of corporation tax paid by industrial and provident societies during financial years 1986–87 to 1989–90 are shown in the table.
The basis of charge for industrial and provident societies is the trading profit, less loan interest.
