0 making arrangements for future needs, especially by saving money
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.