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The EPS-95 came into force on 19.11.1995. Review and revision of schemes is an ongoing process. The provisions of the EPS-95 are reviewed from time to time based on the recommendations of the Expert Committee and the High Empowered Monitoring Committee as well as taking into account the actuarial evaluation of the Employees' Pension Fund. [15]
Govt approves minimum monthly pension of ₹ 1,000 (US$12) per month under EPS-95 scheme run by EPFO; Committee will be set up to examine how unused money in postal schemes can be utilised; Govt announces schemes for disabled persons; to set up 15 new Braille press and revive 10 existing ones
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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 ...
President Joe Biden signed a measure into law on Sunday that boosts Social Security retirement payments to some retirees who draw public pensions, such as former police officers and firefighters ...
The legislation funds the government through March 14, setting up another spending showdown in the early days of the Trump administration. Republicans will control both the Senate and House come ...
The Government Pension Offset affects spouses, widows and widowers who receive government pensions and in some cases reduces their Social Security benefits, according to the SSA.
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