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Australia’s financial regulator sues Mercer over customer disclosures
The lawsuit comes after an Australian Securities and Investments...
No proposal to restore Old Pension Scheme for central government employees: FM
Nirmala Sitharaman,Union Finance Minister UPS has been introduced...
SC declines to allow same-sex marriages
On April 27, the court asked the Centre whether social welfare benefits such as opening joint bank accounts, nominating a life partner in provident fund, gratuity and pension schemes can be extended to same-sex couples without going into the issue of legal sanction to...
ILO and WHO review social protection impact in reducing socio-economic damage of next pandemic
Mia Seppo, ILO Assistant Director-General for Jobs and Social Protection, highlighted the complexity of the issues involved. “We see the discussions on a strengthened framework for prevention, preparedness and response as an opportunity to drive the point home that to...
T’gana polls: BRS promises increased social security pensions and health insurance in manifesto
K Chandrasekhar Rao,BRS chief and Telangana Chief Minister 93 lakh families living below the poverty line (BPL) in the state would be provided life insurance cover of Rs five lakh and that the government would bear the cost of the premium. Social security pension,...
Global coal industry expected to layoff over 4 lakh miners by 2035: Report
Climate commitments to phase out coal power generation could accelerate ongoing trends in coal-mining job losses, even as employment in renewable energy and construction now exceeds 50 per cent of total energy employment Dorothy Mei, project manager for the Global...
Confronting ageing: the talk Australia has to have
The rising number of older Australians is projected to increase the country's health spending on them to more than double to Australian dollar 270 billion (USD 174 billion) by 2035, even if the cost of providing care to each older person is static Public aged care...
Thousands of govt employees protest at Ramlila Maidan to demand restoration of Old Pension Scheme
In Old Pension Scheme (OPS)), the government employees are entitled to receive pension equivalent to 50 per cent of their last drawn salary. Under the NPS, a state government employee contributes 10 per cent of his/her basic salary plus dearness allowance with the...
Protecting older persons’ rights benefit everyone: UN chief
António Guterres,UN Secretary-General Studies show that number of people aged 65 years or older worldwide is projected to more than double – rising from 761 million in 2021 to 1.6 billion in 2050 – with the number of people aged 80 years or older growing even faster....
Pension-related concerns, healthcare among top queries of senior citizens on govt helpline
About 65 per cent of senior citizens are facing financial problems due to limited income, increased financial needs in old age, dependent younger family members, etc while 63 per cent elderly are facing social problems like age and gender discrimination, social...
EPFO extends deadline to upload details till Dec 31 for higher pension scheme
The deadline for uploading wage details which was ending on September 30 has been extended following representations from Employers & Employers' Associations, according to a labour ministry's release New Delhi: Retirement fund body EPFO has given three more months...
No reason for Canadian pension funds to back out from India: Official
''They are here because they are making higher returns here… So I don't see any reason for them to back out because of the current situation, which hopefully we will sort out,'' the official said. According to a report by think tank GTRI, Canadian pension funds, by...