The government has explained that the long-pending demand to raise the minimum EPS-95 pension from Rs 1,000 to Rs 7,500 is ...
The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...
The government has reiterated financial and actuarial constraints in response to renewed calls for an increase in the minimum ...
The demand for a hike in the minimum EPFO pension under the Employees’ Pension Scheme (EPS-95) has been a longstanding issue raised by pensioners and employee unions across the country. With rising ...
EPS-95 pensioners have been demanding a minimum monthly pension of Rs 7,500. Currently, the minimum EPS-95 pension is Rs 1,000 per month.
While pension risk transfer (PRT) deals continue to break records, federal regulators are nearing a deadline for review and recommendations of Interpretative Bulletin 95-1. Issued by the Department of ...
EPS-95 pensioners hoping for a pension hike will likely be disappointed. The Labour Ministry confirmed an actuarial deficit in the Employees' Pension Scheme, meaning it's not generating enough to ...
According to the UBS Global Asset Management U.S. Pension Fund Fitness Tracker, the funding ratio rose by about three percentage points during the fourth quarter of 2013. Tracker findings also reveal ...
The funded status for the nation's largest corporate defined benefit pension plans remained level in 2022, overcoming a sharp drop in plan assets during a challenging year for investments, according ...
U.S. corporate pension plan funding ratios remained steady in 2022 despite significant market volatility, according to a new analysis from Willis Towers Watson. The analysis, which examined pension ...