In several countries, governments recognize the need to provide pension funds to take care of the ageing population, the dependents of a breadwinner in case of his or her death or the breadwinner in case of invalidity through accidents at work, etc. pension fund in most countries are managed by government institutions or private firms. Pension fund (according to Investopedia.com) is defined as “a fund established by an employer to facilitate and organize the investment of employees’ retir...
