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PM Modi's big plans for central government employees under NPS, may offer 50%…

The newly formed BJP-led NDA government intends to significantly improve pension benefits for central government employees covered by the National Pension System (NPS). ....

Narendra Modi , National Pension System , Financial Express , Minister Narendra Modi , Finance Secretary , Old Pension System , Andhra Pradesh ,

Multi-Contributor Social Security: Time to reimagine social security contributions

Inadequate coverage and financing dogs our social security system. Imagine a person’s bank account designated as a multi-contributor social security (MCSS) account where multiple entities – Central and State governments, employers, employees, philanthropists, charities, companies invoking CSR, and other individuals can contribute directly. These contributions, in turn, could get tax benefits. Imagine you being able to tip your Swiggy delivery person directly into his MCSS account, towards his retirement corpus ....

Jan Dhan , Nitin Pai , Even The National Pension System , Employee State Insurance Corporation , Periodic Labour Force Survey , National Pension System , Old Pension System , Defined Benefits , Multi Contributor Social Security , Corporate Social Responsibility , India Stack , Social Security , Aadhaar Card , Identity Card , Bank Account ,

Sikkim Takes Historic Step: Old Pension System Restored for State Employees

Sikkim CM Prem Singh Tamang announces the revival of the Old Pension System, a key move ahead of state elections, signaling a series of welfare measures. ....

India General , Prem Singh Tamang , Sikkim Services Pension , Department Of Personnel , Sikkim Chief Minister Prem Singh Tamang , Old Pension System , Sikkim Services , State Level Temporary Employee Convention , Public Ground Rangpo , Muster Roll , Consolidated Pay , Old Pension Scheme ,

Sikkim Becomes First Northeastern State To Restore Old Pension System for Government Employees

Sikkim Becomes First Northeastern State To Restore Old Pension System for Government Employees
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India General , Prem Singh Tamang , Level Temporary Employee Convention , Sikkim Services Pension , Department Of Personnel , Sikkim Chief Minister Prem Singh Tamang , Old Pension System , Sikkim Services , State Level Temporary Employee Convention , Public Ground Rangpo , Muster Roll , Consolidated Pay ,

OPS vs NPS: Demand to restore OPS in place of NPS for central government employees; know what Govt says

OPS vs NPS: In a memorandum dated January 11, 2024, the Joint Forum for Restoration of Old Pension Scheme(NJCA), constituted under the banner of the NJCA, demanded that the finance ministry should restore the defined non-contributory and guaranteed Old Pension Scheme in place of contributory National Pension System for central government employees. The department of expenditure of finance ministry responded to the memorandum. Here s what it says ....

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