#New Pension Scheme

[uniqueeval]

Rajasthan increases gratuity limit for government employees; no decision on UPS implementation

Government employees from across the country gathered at the Ramlila Maidan to demand the restoration of the OPS | Photo Credit: The Hindu The Bharatiya Janata Party (BJP) government in Rajasthan on Wednesday (August 28, 2024) announced an increase in the maximum limit in the gratuity amount for the employees from ₹20 lakh to ₹25 lakh in line with the Central government officials. However, no…

[merisarkar]

National Pension System: जानिये क्या लाभ हैं NPS में निवेश करने के

National Pension Scheme (NPS): सरकार द्वारा चलाई जा रही पेंशन योजना नेशनल पेंशन स्‍कीम (NPS) तक अब गांवों या कस्‍बों में रह रहे लोगों की भी पहुंच आसान हो जाएगी। पेंशन फंड रेगुलेटरी एंड डेवलपमेंट अथॉरिटी (PFRDA) ने कहा है कि सभी की पेंशन योजना NPS तक आसानी से पहुंच हो, इसके सभी बैंक शाखाओं और पोस्‍ट ऑफिस में यह उपलब्ध कराने के प्रयास किए जा रहे हैं। PFRDA ने NPS के डिस्‍ट्रीब्‍यूशन के लिये…

[head-post]

A group of British women born in the 1950s are seeking compensation after the government raised the state pension age, leaving many financially vulnerable as the cost of living remains high.

The group Women Against State Pension Inequality (WASPI) is seeking compensation, arguing that women affected by the changes received minimal notice, unlike men, and were therefore unprepared for today’s high cost of living.

WASPI began campaigning in 2015, seeking redress for the UK government’s sudden change to the retirement age, which increased the retirement age for women from 60 to 65 in 1995 and then to 66.

Unlike men, who received six years’ notice of the increase, many women born in the 1950s had only one or two years to prepare for the six-year increase. They argue that this discrepancy leaves them financially vulnerable and unprepared for retirement.

In March, the Parliamentary Health Service Ombudsman (PHSO) admitted that the government had failed to properly inform women about the changes. But despite this finding, the government has yet to introduce a compensation scheme.

WASPI held a rally in Parliament Square in London last week to coincide with the Labour Party’s first budget announcement since coming to power, and called on the government to address their grievances.

Lynne Ruddock, WASPI co-ordinator, said the ombudsman’s findings should be the basis for compensation. She told media, emphasising that the movement intends to continue its campaign:

They’ve been given a varying amounts of compensation that each WASPI woman should be given.

Ruddock criticised the previous Conservative government for skirting the issue, saying they ignored it knowing “they would not be re-elected” in elections earlier this year.

She also accused the new Labour government of not supporting the WASPI case in the past now that it was in power. she said:

Before Labour were re-elected, in opposition, they were massive, massive supporters of our cause. Now they’re in government, they’re not interested.

Barbara Parker, another local WASPI coordinator, emphasised the financial hardship the changes have led to, especially amid the rising cost of living.

For many of the women affected, the financial losses are significant, totalling around £40,000 to £50,000 per person.

Read more HERE

[sharemarketinsider]

Delhi Expands Old-Age Pension: What It Means for Seniors & Voters

What's behind Delhi's decision to expand pensions for 80,000 seniors? 🤔 Is it a true welfare boost or just political strategy ahead of elections? Discover the impact on Delhi's elderly and the political stakes at play.

DelhiNews #PensionScheme #Elections2025 #SocialWelfare #AAP #BJP

[utipension]

Why NPS | National Pension System Scheme

National Pension System (NPS) is one of the best retirement planning tool available in India today. NPS is a voluntary pension scheme, regulated by PFRDA.

[businessskibat]

Pension Through PPF Account: हर महीने आपको मिल सकता है ₹60,000 का पेंशन, कोई भी टैक्स नहीं देना पड़ेगा

Pension Through PPF Account : हम आज आप��ो रिटायरमेंट के बाद हर महीने पेंशन कैसे प्राप्त कर सकते हैं बताएंगे। जी हां, अगर आप आज से निवेश करना शुरू कर देते हैं, तो रिटायरमेंट के बाद आपको हर महीने ₹60,989 पेंशन मिलेगी। इस तरह की पेंशन पाने के लिए आपको पीपीएफ खाते में निवेश करना होगा। इसकी विशिष्टता यह है कि सरकार ने इस स्कीम को टैक्स से छूट दी है। जिससे आपको बहुत अधिक लाभ मिलता है। तो चलिए इसके बारे…

[wdtom]

Government Employees: Anticipated Pension Growth with UPS

Government employees switching to the Unified Pension Scheme (UPS) can hope to see a significant increase in their pension, as the government’s contribution is set to increase from 14% to 18.5%. A calculation done by the UTI Pension fund shows that the increase will be around 19% for those who join on a monthly salary of Rs 50,000 and see an annual rise of 3% with their corpus seeing a…

[targetstudy]

What is New Unified Pension Scheme 2024: Full Details, Calculator & More

What is the New Unified Pension Scheme (UPS)?

In response to opposition to the National Pension System (NPS) and the increasing demand for the Old Pension Scheme (OPS), the central government has provided a significant benefit to its employees.

Who is Eligible for the New Unified Pension Scheme?

Under this scheme, central government employees who have worked for 25 years will receive a pension equal to 50% of their basic salary from the last 12 months of their job.

States will also have the option to adopt this model. If they do, the total number of central and state employees covered by this scheme could reach 90 lakhs.

Read More>>>

[uniqueeval]

Labour Minister to meet Central Trade Unions on employment linked incentive scheme

Labour Minister Mansukh Mandaviya has invited all Central Trade Unions (CTUs) for to discuss the implementation of the Employment Linked Incentive (ELI) and the Unified Pension Scheme (UPS). | Photo Credit: PTI Union Labour Minister Mansukh Mandaviya has invited all Central Trade Unions (CTUs) for an “introductory meeting” on Wednesday (August 27, 2024), in which issues such as the…

[rightnewshindi]

Unified Pension Scheme: UPS में U का मतलब मोदी सरकार U टर्न, खड़गे बोले, हम जवाबदेही तय करते रहेंगे

Unified Pension Scheme: कांग्रेस अध्यक्ष मल्लिकार्जुन खड़गे (Mallikarjun Kharge) ने रविवार को यूनिफाइड पेंशन स्कीम (UPS) के ऐलान के बाद केंद्र पर निशाना साधा है. खड़गे ने कटाक्ष करते हुए कहा कि “यूपीएस में यू का मतलब मोदी सरकार का यू-टर्न है.” खड़गे ने सोशल मीडिया पोस्ट में कहा, ‘लोकसभा चुनाव के बाद विपक्ष के फिर से उभरने की वजह से बीजेपी के नेतृत्व वाली सरकार ने हाल ही में अपने प्रमुख फैसलों से…

[townpostin]

Jharkhand's Maiyan Samman Yojana Faces Technical Glitches on First Day

Technical issues hamper the application process for the Maiyan Samman Yojana, causing disappointment among beneficiaries. Jharkhand’s new Maiyan Samman Yojana, aimed at providing pensions to women aged 21 to 49, faced technical difficulties on the first day, leaving many applicants disappointed. JAMSHEDPUR – The Jharkhand government launched the Maiyan Samman Yojana to provide a monthly pension…

[sharemarketinsider]

New Rules for GPF and Pension Payment: Ensuring Timely Payments for Retiring Government Employees

[infocrazebyrepwoop]

New Regulations Outline Investment Sectors for Universal Pension Scheme Funds

The government has delineated seven sectors where the Universal Pension Scheme funds can be invested, explicitly excluding private enterprises. This provision is part of the Universal Pension Scheme (Investment and Preservation) Regulations, 2024, officially gazetted on July 9 and signed by Finance Ministry Additional Secretary Dilruba Shaheena. These regulations, pursuant to the Universal…

[homiro]

[First picture ID: A waterboarded screenshot of text that reads, Not to doom post on main but yeah my boyfriend and I bring in approximately two hundred and forty thousand united states dollars, live in an apartment that is extremely reasonably priced, with minimal living expenses, and still have to buy cereal on sale and all my clothes second hand. Things are hard even for the successful (with the word successful between inverted commas) young adults (ellipsis). End ID]

[Second picture ID: A screenshot of a sarcastic post from twenty thirteen made by user @/dril, wint on twitter that reads, in a list, Food is two hundred united states dollars, Data is one hundred and fifty united states dollars, Rent is eight hundred united states dollars, Candles are three thousand and six hundred united states dollars, Utility is one hundred and fifty united states dollars. Someone who is good at the economy please help me budget this. My family is dying. End ID]

observing the responses to serialunaliver's parental income poll and finding that a lot of tumblr users are struggling to reconcile with the fact that they are middle class and above