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National Insurance Fund

The National Insurance Fund is a government-managed resource that collects contributions from workers, employers, and sometimes the government to fund social security programs. These programs include pensions, unemployment benefits, and healthcare support. The fund ensures financial support for individuals during times of retirement, job loss, or illness, promoting social stability and economic security. Contributions are usually deducted from earnings, and the fund is used to provide support based on established eligibility criteria. Overall, it acts as a safety net, pooling resources to assist citizens in need throughout different stages of life.