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Finally, after a lengthy process, the National Development Company (NDC) Provident Fund, Inc. (PFI) laid the first stone in a recent general assembly led by designated officials.
The PFI will act as a savings and loan credit program and provide additional welfare benefits from the fund, supporting the needs of NDC officials and employees in plantilla positions. Key members of the Board of Trustees were introduced in the assembly for the first time and officially delegated to carry out the purposes of the fund.
Committees for Membership and Development, Loan Evaluation, Financial Management and Investments, and Election were also formed to further regulate operations.
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