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Get to know Employees' Welfare Fund

The Federal Employees Benevolent and Group Insurance Funds (FEB & GIF) is a statutory body established in 1969 by an Act of the Parliament of Pakistan. Its core mission is to provide financial assistance and social security to federal government employees and their families. The organization operates two primary funds: the Benevolent Fund, which provides grants for occasions like marriage, education, and in cases of invalid retirement or death, and the Group Insurance Fund, which provides a lump-sum payment to the family of an employee who dies during service.

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Employees' Welfare Fund

Mauritius

Founded in

1995 (31 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.