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China to ramp up pensions and medical insurance subsidies for residents to push consumption next year

by AIP Online Bureau | Dec 27, 2024 | Eco/Invest/Demography, Health, International News, Policy

The measures will improve people’s livelihoods and the policy system to support population growth as well as strengthen the social security network and health care system, it said Beijing: China will ramp up fiscal support for consumption next year by raising...

Indian government likely to offer assured pensions to its employees

by AIP Online Bureau | Jun 21, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Government will likely assure its employees a minimum pension of 40%-45% of their last drawn salary by altering the current market-linked pension The current National Pension Scheme requires employees to contribute 10% of their basic salary and the government 14%. The...

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