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The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees ...
Old Pension Scheme (OPS) in India was abolished as a part of pension reforms by Union Government.Repealed from 1 January 2004, it had a defined-benefit (DB) pension of half the Last Pay Drawn (LPD) at the time of retirement along with components like Dearness Allowances (DA) etc. OPS was an unfunded pension scheme financed on a pay-as-you-go (PAYG) basis in which current revenues of the ...
Website. nsap .nic .in. The National Social Assistance Programme ( NSAP) is a Centrally Sponsored Scheme of the Government of India that provides financial assistance to the elderly, widows and persons with disabilities in the form of social pensions. The NSAP scheme only includes Below Poverty Line individuals as beneficiaries.
The National Pension System (NPS) is a defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions, Old Pension Scheme (OPS) for all its ...
Jindal Steel and Power Limited ( JSPL) is an Indian steel company based in New Delhi. [4] JSPL is a part of OP Jindal Group. [5] In terms of tonnage, it is the third-largest private steel producer in India and the only private player in India to produce rails. The company manufactures and sells sponge iron, mild steel slabs, rails, mild steel ...
2. Vice President. ₹400,000 (equivalent to ₹ 420,000 or US$5,300 in 2023) + Other allowances fixed to the Vice President. [4] [5] [3] 3. Prime Minister. ₹250,000 (equivalent to ₹ 260,000 or US$3,300 in 2023) + Other allowances fixed to the Prime Minister.
Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.
Eastern Coalfields Limited (ECL) is a coal producer based in India. The company was founded in 1975 after nationalisation of coal mines in India. It operates coal mines in Jharkhand and West Bengal states of India. It inherited all the private sector coal mines of the Raniganj Coalfield. It is one of the fully owned subsidiaries of Coal India ...