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Atal Pension Yojana (APY, translation: Atal's Pension Scheme), formerly known as Swavalamban Yojana (SY, translation: Self-Support Scheme) is a government-backed pension scheme in India, primarily targeted at the unorganised sector. It was mentioned in the year 2015 Budget speech by the Finance Minister Arun Jaitley. [1]
The NPS was subsequently extended to all citizens of the country with effect from 1 May 2009 including self employed professionals and others in the unorganized sector on a voluntary basis. The Pension Fund Regulatory & Development Authority Act was passed on 19 September 2013 and the same was notified on 1 February 2014.
Apy or APY may refer to: Äpy, a Finnish magazine; Annual percentage yield, in finance; Anangu Pitjantjatjara Yankunytjatjara, an Aboriginal area in South Australia; Atal Pension Yojana, an Indian pension scheme
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For example, if you’ve already set aside $25,000 in a savings account, you could open a six-month CD with an annual percentage yield (APY) of 4.50 percent and withdraw $556.31 in interest ...
United Airlines has offered employees fresh deals with pay and health benefits to leave the company, according to a memo seen by Reuters, part of a drive to reduce headcount and cut costs as it ...
The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
Tens of thousands of Social Security Administration staffers can continue teleworking into 2029 under a recent deal signed between their union and the agency. The agreement comes as the incoming ...