# State-run Pension Account

**IRI:** https://folio.openlegalstandard.org/RMJlgPsFOJLiurc5NOuHDe

## Labels

**Preferred Label:** State Pension Scheme

**Alternative Labels:**

- Government Pension Plan
- Government-Administered Pension Plan
- National Pension Fund
- National Pension Plan
- Public Pension Savings Account
- Public Pension System

## Definition

A state-run pension account is a retirement savings program managed by the government, funded through taxation or mandatory contributions. These accounts typically provide defined benefits upon retirement, ensuring a basic income for retirees.

## Examples

- National Pension Fund: Japan National Pension Fund
- State Pension Scheme: UK Basic State Pension

## Sub Class Of

- https://folio.openlegalstandard.org/R7gFwngdoBeiYXxslm69WNk

**Deprecated:** False