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OROP: Have decided not to accept recommendations on pension hike, Centre to SC

by AIP Online Bureau | Dec 5, 2024 | Indian News, Pension & Social Security, Policy

Earlier, the bench had come down heavily on the Centre for failing to take any decision for years on the pension payable to retired regular captains in accordance with the OROP scheme and imposed a fine of Rs 2 lakh on it New Delhi: The Centre on Thursday told the...

Welfare pension fraud: Luxury car owners, affluent individuals found on beneficiary lists in Kerala

by AIP Online Bureau | Nov 29, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

This revelation comes amidst widespread outrage in Kerala following reports that nearly 1,500 government employees, including gazetted officers and college professors, had fraudulently claimed social security pensions Thiruvananthapuram: An audit conducted by the...
EPFO playing key role in providing social security, financial stability to millions: Minister

EPFO playing key role in providing social security, financial stability to millions: Minister

by AIP Online Bureau | Nov 16, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Mansukh Mandaviya,Union Minister for Labour and Employment The number of contributing members to the EPFO has risen by 7.6 per cent to 7.37 crore in 2023-24 from 6.85 crore in 2022-2023, while the number of establishments making contributions to the organisation has...

Vehicle insurance, pension coverage up in India’s rural households

by AIP Online Bureau | Oct 10, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

As per the survey, “the proportion of individuals exhibiting sound financial behaviour – such as managing money effectively, making informed financial decisions, tracking expenses, and paying bills on time — also increased from 56.4 per cent to 72.8 per...

Indian port workers call for strike over pay and pension demands

by AIP Online Bureau | Aug 19, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Risk Management

Around 20,000 workers are part of the group of port workers’ unions, and all of them would join the strike. The immediate impact of the strike might not be grave, but if it goes on for more than two to three days, the ramifications would be severe, said Sathya...
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