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BSNL logo used until October 2024. Bharat Sanchar Nigam Limited is an Indian government enterprise and its history can be traced back to British India.The foundation of the telecommunications network in India was laid by the British sometime during the 19th century.
On 23 October 2019, the Government of India announced revival package for BSNL and MTNL which includes monetising assets, raising funds, TD-LTE spectrum, voluntary retirement scheme for employees. Apart from package, Ministry of Communications decided to merge of MTNL with Bharat Sanchar Nigam Limited. Pending this, MTNL will be subsidiary of BSNL.
Outside of veterans' pensions, the institution of the first public pension plan for New York City Police is considered as the first iteration of a modern pension in the USA. The Police Life and Health Insurance Fund, created in 1857, provided payment to officers injured or otherwise disabled in the line of duty and offered compensation in a ...
Bharat Sanchar Nigam Limited (BSNL) was incorporated on 15 September 2000. It took over the business of providing telecom services and network management from the erstwhile Central Government Departments of Telecom Services (DTS) and Telecom Operations (DTO), with effect from 1 October 2000 on a going concern basis, in early days it was known as CellOne for GSM mobile services, Excel for ...
At the official age of retirement, the employee can withdraw 60% of the amount as a lump sum while 40% needs to be compulsorily used to buy annuity that will be used to pay a monthly pension. The system tries to achieve a target of 50% of the last salary of the employee.
BSNL Broadband (formerly DataOne) [3] is an Indian wireline broadband operator, a division of Bharat Sanchar Nigam Limited owned by Department of Telecommunications under Ministry of Communications of the Government of India. It provides both wired and wireless broadband services as well as many value-added services.
A pay-as-you-go pension plan (also called a "pre-funded pension plan") is a retirement scheme in which a contributor can either have a regular contribution deducted from each paycheck or make a lump-sum contribution to a retirement fund. [1] With such a plan, the contributor decides how much to contribute to the fund and chooses how it is invested.
A pension (/ ˈ p ɛ n ʃ ən /; from Latin pensiō 'payment') is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be: a "defined benefit plan", where defined periodic payments are made in retirement. The ...