| No. |
Events |
Date |
| 1 |
Establishment of Government Working Committee (GWC). |
1999 |
| 2 |
Establishment of interim Board of Directors vide order No. ACS/Pension/8060 dated December 30, 1999. |
December 30, 1999 |
| 3 |
Establishment of National Pension & Provident Fund (NPPF) vide executive order No. MOF/Pension/4841 dated March 30, 2000. |
March 30, 2000 |
| 4 |
Establishment of Investment Management Advisory Committee (IMAC) vide order No. MOF/2000/5551 dated May 23, 2000. |
May 23, 2000 |
| 5 |
National Pension & Provident Fund (NPPF) took over the Government Employees Provident Fund (GEPF) operations including Real Estate from Royal Insurance Corporation of Bhutan (RICB) under the executive order No. MOF/Pension/4841 dated March 30, 2000. |
July 3, 2000 |
| 6 |
Establishment of National Pension Board (NPB) vide order No. COM/03/00/705 dated November 8, 2000. |
October 31, 2000 |
| 7 |
National Pension & Provident Fund (NPPF) joined the membership of the International Network for Pension Regulators & Supervisors (INPRS). |
January 1, 2001 |
| 8 |
National Pension & Provident Fund (NPPF) made investments of US $21 million abroad with 1838 IA in US. |
January 15, 2001 |
| 9 |
Proposed the National Pension & Provident Fund Plan (NPPFP) and the Armed Force Pension & Provident Fund Scheme (AFPPFS) submitted to the Committee of Secretaries. |
May 25, 2001 |
| 10 |
Commencement of Real Estate development project in Thimphu for the construction of 158 flats: Phase I: Type C-4 Buildings. |
February 16, 2002 |
| 11 |
Proposed NPPFP and the AFPPFS submitted to the Council of Ministers. |
March 12, 2002 |
| 12 |
Proposed the National Pension & Provident Fund Plan (NPPFP) and the Armed Force Pension & Provident Fund Scheme (AFPPFS) submitted to the Lhengay Zhungtshog. |
April 30, 2002 |
| 13 |
Commencement of Real Estate development project in Thimphu for the construction of 158 flats: Phase II: Type B-9 Buildings. |
June 1, 2002 |
| 14 |
Royal Government issued an executive order No. LZ/02/02/15 dated July 1, 2002 for the implementation of the National Pension & Provident Fund Plan (NPPFP) & the Armed Force Pension & Provident Fund Scheme (AFPPFS) under the Rules and Regulations. |
July 1, 2002 |
| 15 |
Inauguration and implementation of the National Pension & Provident Fund Plan (NPPFP) & the Armed Force Pension & Provident Fund Scheme (AFPPFS). |
July 3, 2002 |
| 16 |
Commencement of Real Estate development project in Thimphu for the construction of 158 flats: Phase III: Type A–6 Buildings. |
February 16, 2002 June 1, 2002 september 14, 2002 |
| 17 |
Commencement of Member Housing Scheme. |
July 1,2003 |
| 18 |
Completion of Type C-4 buildings in Thimphu. |
December 1, 2003 |
| 19 |
Inauguration of NPPF Website. |
January 26,2004 |
| 20 |
Commencement of Member Education Scheme. |
March 1, 2004 |
| 21 |
Establishment of Technical Advisory Committee after dissolving Government Working Committee and Investment Management Advisory Committee. |
March 22, 2004 |
| 22 |
US Investment was liquidated and the fund was invested in RGOB aircraft financing. |
July 9, 2005 |
| 23 |
Mr. Ugyen Chewang, Director, was transferred from the NPPF to take the position of the Auditor General, Royal Audit Authority of Bhutan. |
January 16, 2006 |
| 24 |
Mr. Duthob Wangchug, the then Joint Director, was appointed as the Director of the NPPF. |
May 1, 2006 |
| 25 |
Memorandum of Understanding was signed with Bhutan Post to take the Pension Delivery services of the NPPF to the doorsteps of the Pensioners. |
June 8, 2006 |
| 26 |
NPPF came under RMA’s regulatory purview with RMA licensing NPPF to carry out limited financial services (credit operations). |
March 9, 2007 |
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