Kerala government to implement Assured Pension Scheme from April 1, offering pensions based on qualifying service and basic pay.
Under EPS, 8.33 per cent of the employer’s EPF contribution is diverted towards pension. When the wage ceiling was enforced, pensionable salary calculations were capped, significantly lowering ...
Malaysia’s largest pension fund declared a 6.15% dividend for both its conventional and Shariah savings accounts for 2025, a year where unpredictable trade policies whipsawed markets.
As per the latest reports, the Employees Provident Fund Organisation (EPFO) has reportedly reinstated the old option for ...
On September 1, 2014, EPFO capped the pensionable salary at Rs 15,000 per month (basic plus DA). This effectively limited the maximum EPS pension to Rs 7,500 per month, regardless of how high an ...
The Kerala government announced the implementation of the Assured Pension Scheme for state employees starting April 1, 2026. This move replaces the National Pension System. Employees can opt for the ...
Employee associations met to discuss key demands for the 8th Pay Commission, including increasing family units for salary revision, ensuring five minimum promotions per employee, and restoring the Old ...
NPS data on returns across E,C and G schemes of NPS Tier I category indicate that no single fund manager leads across all ...
A drafting committee, headed by Shiva Gopal Mishra, will compile suggestions from multiple employee groups into a unified memorandum.
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EPFO restores higher EPS pension option: Who qualifies and what it means for employees
In a significant move for select employees, the Employees' Provident Fund Organisation (EPFO) has reinstated the previously ...
State Sen. Robert Martwick has introduced two bills related to Chicago Public Schools’ massive employee pension costs. District officials say they are worried about their financial impact.
Looking to ease the budget deficit, Democrats are targeting an employee pension fund. While state law protects retiree benefits, the rights don’t extend to surpluses.
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