OREANDA-NEWS. National Rating Agency has withdrawn its reliability rating on European Pension Fund NSPF (EPF) due to the completion of reorganization in the form of a merger with SAFMAR Non-State Pension Find (JSC). No exit rating has been assigned, as EPF has stopped its business operations. The Fund was assigned NRA’s first-time rating of ‘AAA’ on Aug. 31, 2015. The latest rating action on EPF (the ‘AAA/Stable’ rating affirmation) was on Aug. 24, 2016.