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The FSCS came into existence in 2001 and replaced former multiple schemes. Between 2001 and 2006 the scheme paid out close to 1 billion pounds in compensation. In the period from 2006 to 2011 the financial crisis resulted in compensation of over 26 billion pounds being paid out by the FSCS. [4]
Haryana Staff Selection Commission (HSSC) (Earlier Subordinate Services Selection Board) is an organisation under Government of Haryana to recruit staff for various posts of Group B, C, D in the various Departments of the Government of Haryana and in the subordinate offices. HSSC was established on 28 January 1970 in Haryana.
This department came into existence when Haryana was established as a new state within India after being separated from Punjab. Dushyant Chautala is the cabinet minister responsible for this department from October 2019.
However, employee’s contribution is 12% of the basic wage as per sec.2(b) of the act and employer’s share of contribution is also 12% of the basic wage as per sec.2(b) of the act. In employer contribution of 12%, 8.33% transfer to EPS (Employee Pension Scheme) and 3.67% transfer to EPF (Employee Provident Fund).
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The Haryana Public Service Commission (HPSC) [1] is a government agency of the state of Haryana, India, established by the Constitution of India, responsible for the recruitment of candidates for various government jobs under the Government of Haryana through competitive examinations.
Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous organisation under Ministry of Labour and Employment, Government of India.As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable and immovable property and all incomes from the ...
The Pension Parishad – an initiative to ensure universal pension to all workers in India – has been demanding that the Government of India establish a "non-contributory and universal old age pension system with a minimum amount of monthly pension not less than 50% of the minimum wage or ₹ 2,000 (US$23), whichever is higher." [51]