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In 2017, about 2.2 million people receiving pension from the SSS saw their take-home benefits increased by ₱1,000 with the approval of President Rodrigo Duterte. [ 15 ] Starting with a fund of ₱500,000 from the government, SSS' total assets grew to ₱474.7 billion and served 34.2 million members in 2016. [ 5 ]
2012: Monthly pensions under IGNWPS and IGNDPS increased from ₹ 200 (US$2.30) to ₹ 300 (US$3.50). Age limit changed to 40–79 years and 18–79 years, respectively. 2013: Report of the Task Force on Comprehensive Social Assistance Programme submitted to the Government of India. Recommends raising monthly pension and expanding coverage.
Further, the monthly income of the worker should be below ₹ 15,000 (US$170). Under the scheme, the subscriber will receive a minimum assured pension of ₹ 3,000 (US$35) per month [4] after attaining the age of 60 years. However, to benefit from the scheme, workers have to contribute ₹55 monthly (for age 18) and it varies according to age.
On 14 December 2018, Aaj Tak launched India's first Hindi high-definition channel, Aaj Tak HD. [1] Aaj Tak HD broadcasts news and two extra shows like Duniya Aaj Tak aired from 2019 (transl. World up to the minute) covering world news, Business Aaj Tak aired from 2019 (transl. Business up to the minute) covering the financial news of India and the world.
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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 ...
Restoration of normal pension after completion of fifteen years from the date of such commutation, in respect of those members who availed the benefit of commutation of pension under the erstwhile paragraph 12A of the EPS, 1995, on or before 25.09.2008 vide notification G.S.R.132(E) dated 20.02.2020.
Subscribers would receive the guaranteed minimum monthly pension of ₹1,000 or ₹2,000 or ₹3,000 or ₹4,000 or ₹5,000 at the age of 60 years. Under APY, the monthly pension would be available to the subscriber, and after him to his spouse and after their death, the pension corpus, as accumulated at age 60 of the subscriber, would be ...