National Pension
The National Pension is a government-sponsored retirement savings program designed to provide financial support to individuals after they retire. It typically requires workers to contribute a portion of their income during their working years, which is then pooled together to fund pensions for retirees. This system helps ensure that citizens have a stable income in their later years.
In many countries, the National Pension is part of a broader social security system that may also include benefits for disability, unemployment, and healthcare. The specific rules and benefits can vary by country, but the primary goal remains the same: to promote financial security for the aging population.