Latest Breaking News On - ஓய்வூதியம் தரகு - Page 5 : comparemela.com
June 30, 2021
ISLAMABAD: The budget for fiscal year 2021-22 passed by the National Assembly on Thursday raised by 35 percent the salary for BS-20 to BS-22 officers who don’t receive any additional allowance and were not given 25 percent disparity reduction allowance offered to BS-1 to BS19 officials in March this year.
This particular category of officers got the 10 percent raise given to all government employees in the budget besides having been allowed a 25 percent disparity reduction allowance which was not given to them in March this year. In March, following a protest from government employees, the government announced a 25 percent disparity allowance for BS-1 to BS-19 officials.
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By Alois Vinga
ZIMBABWE’s Life Assurers have overtaken the funeral business sector, writing business worth $852.5 million in the first quarter of 2021.
An Insurance and Pensions Commission (IPEC) first quarter performance report noted that this was 14 times more than the business written by dedicated funeral players.
Compared to dedicated funeral service providers, life assurance companies offer broad products such as funeral, term assurance, endowment, whole life, annuities, and pension administration.
“For the quarter ended 31 March 2021, life assurers wrote inflation adjusted funeral assurance business worth $852.56 million which was fourteen times more than the $56.90 million written by the dedicated funeral players,” read the IPEC report.
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