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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Repealed from 1 January 2004, it had a defined-benefit (DB) pension of half the Last Pay Drawn (LPD) at the time of retirement along with components like Dearness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 ...
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 ...
Jharkhand Mukti Morcha (JMM) Nickname. "Jharkhand Tiger" [1] Champai Soren [2] [3] [4] (born 1 November 1956) is an Indian politician currently serving as the 7th and current Chief Minister of Jharkhand since 2 February 2024 after the arrest of former Chief Minister Hemant Soren by the Enforcement Directorate (ED) on charges of money laundering.
Jharkhand is the leading producer of mineral wealth in the country after Chhattisgarh state, endowed as it is with a vast variety of minerals like iron ore, coal, copper ore, mica, bauxite, graphite, limestone, and uranium. Jharkhand is also known for its vast forest resources. [67]
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 ...
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.
The Government of Andhra Pradesh, or Andhra Pradesh Government abbreviated as GoAP, is the State government for the Indian state of Andhra Pradesh. It is an elected government with 175 MLAs elected to the Legislative Assembly of Andhra Pradesh for a five-year term. The Government of Andhra Pradesh is a democratically elected body that governs ...
Minister of State for Transport and Civil Aviation 4 C. M. Poonacha (1910–1990) Rajya Sabha MP for Mysore: 24 January 1966 13 March 1967 1 year, 48 days Indian National Congress: Indira I: Indira Gandhi: Minister of State for Shipping and Transport 5 Om Mehta (1927–1995) Rajya Sabha MP for Jammu and Kashmir: 2 May 1971 5 February 1973 1 ...