Pension

Age limit to join National Pension Scheme raised from 60 to 65 years

Age limit to join National Pension Scheme raised from 60 to 65 years. Photo: Twitter New Delhi, September 12: Finally some good news came from the Pension Fund Regulatory and Development Authority who announced that the upper limit to join the National Pension Scheme is increased to 65 from 60. According to reliable sources, the Pension Fund Regulatory and Development Authority ...

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National Pension Scheme (NPS): Age bar raised to 65 from 60

In some good news, the Pension Fund Regulatory and Development Authority have announced that the upper limit to join the NPS or National Pension Scheme has been increased to 65 from 60. PFRDA Chairman Hemant Contractor made the announcement at a conference “Transferring Superannuation Funds to National Pension System” and said the pension regulator’s board had already approved the change ...

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Fight for pension rages on- The New Indian Express

JACTO-GEO members tussle with police in Chennai | Express CHENNAI: Government employees began indefinite strike from Monday  demanding implementation of the seventh pay commission and withdrawalof the new pension scheme. While this resulted in empty chairs in a few government offices, another section of unions are not  participating in the strike and said that they would wait till October 15 ...

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Rhodie pensioners appeal to UK over pay

THE government has dumped hundreds of pensioners, who served in its predecessor Rhodesian administration before relocating to South Africa at independence in 1980. This is according to the Flame Lily Foundation, an organisation set up to keep track of the affected pensioners and their welfare since 2005. But, Public Service, Labour and Social Welfare minister Priscah Mupfumira yesterday said she ...

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Lagos pays N742m accrued pension rights to 255 retirees — Business — The Guardian Nigeria Newspaper – Nigeria and World News

Lagos State governor, Akinwunmi Ambode •As total settlement hits N30b The Lagos State Government has disbursed N742million to 255 retirees in the month of August, Governor Akinwunmi Ambode has said.The Governor, who was represented by the Commissioner for Establishments, Training and Pensions, Dr. Akintola Benson Oke, at the 42nd Retirement Bond Certificate Presentation in Lagos, said Lagos cares, and is ...

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€300k lump sum pay confirmed for Nóirín O’Sullivan

The former Garda commissioner will retire with a lump sum of almost €300,000 and a yearly pension of €90,000, it has been confirmed. Questions had been raised around whether the Government had agreed on a special severance package with Nóirín O’Sullivan prior to her departure. Justice Minister Charlie Flanagan denied that a deal had been done to allow her step ...

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WKU prepares for potential changes to pension system | News

In the midst of a state-wide pension crisis, WKU is looking at how potential changes to the pension system may affect employees, according to university administrators. In an email sent to all faculty and staff, President Timothy Caboni said “we must recognize that some change is likely inevitable, and it is better for us to engage proactively in a conversation ...

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DOUBEK: New Illinois laws take aim at pension excesses

If you think all is right in Illinois because we have a budget and school funding, you are sadly mistaken. OPINION Illinois still has the worst pension debt in the nation, estimated at $130 billion, and that first budget in more than two years actually made the problem worse. Gov. Bruce Rauner and House Speaker Michael Madigan agreed to something ...

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Edo denies owing 42 months pension arrears

  Gov. Godwin Obaseki of Edo state Jethro Ibileke/Benin Edo State Government has dismissed reports that it owed 42 months in pension arrears, describing such reports as “false and a misinterpretation of facts.” The Government made its position known in a statement on Monday, explaining that it has been faithful to the purpose of the Paris Club Refund, which was ...

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