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 government has reiterated financial and actuarial constraints in response to renewed calls for an increase in the minimum ...

The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...

EPS-95 pensioners across India have been seeking a minimum monthly pension of Rs 7,500, along with dearness allowance, family ...

As pensioner groups renew their demand for a hike, is the government finally considering raising the EPS-95 minimum pension?

EPS-95 pensioners have been demanding a minimum monthly pension of Rs 7,500. Currently, the minimum EPS-95 pension is Rs ...

Defined Benefit social security scheme. The pension fund is financed through an employer contribution of 8.33% of wages and a central government contribution of 1.16% on wages up to Rs 15,000 per ...

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 ...

The Department of Labor on Monday published its long-awaited report on Interpretative Bulletin 95-1, which outlines the process defined benefit plan fiduciaries must use when selecting an annuity ...

In a matter related to the increasing the minimum salary for enrolment under EPF, and plans to increase the minimum salary ceiling to Rs 30,000 for enrolment, provisions for gig workers in the service ...

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 ...

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 ...