by AIP Online Bureau | May 4, 2023 | Indian News, Pension & Social Security, Workplace/Employee Benefits
”It has been decided to draw 1.16 per cent additional contribution from within the overall 12 per cent of the contribution of the employers into the provident fund,” a labour ministry statement issued late in the evening on Wednesday said New Delhi:...
by AIP Online Bureau | Apr 19, 2023 | International News, Pension & Social Security, Policy
French President Emmanuel Macron Macron’s government says that raising the retirement age will plug a 13.5 billion euro shortfall the pension system would otherwise be running by 2030 French President Emmanuel Macron may have pushed through his unpopular pension...
by AIP Online Bureau | Apr 7, 2023 | Indian News, Pension & Social Security, Policy, Workplace/Employee Benefits
TV Somnathan,finance secretary, ministry of finance The announcement came in the backdrop of several non-BJP states deciding to revert to the DA-linked Old Pension Scheme (OPS) and also employee organisations in some other states raising demand for the same The state...
by AIP Online Bureau | Mar 24, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
“I propose to set up a committee under the finance secretary to look into this issue of pension and evolve an approach which addresses the need of employees while maintaining fiscal prudence to protect the common citizens. The approach will be designed for...
by AIP Online Bureau | Feb 27, 2023 | Indian News, Pension & Social Security
In November 2022, the Supreme Court had upheld Employees’ Pension (Amendment) Scheme 2014. The EPS amendment of August 22, 2014 had raised the pensionable salary cap to Rs 15,000 a month from Rs 6,500 a month, and allowed members along with their employers to...
