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West Bengal State Electricity Distribution Company Limited (WBSEDCL) is a wholly owned enterprise of Government of West Bengal, established in 2007 as one of the two successors of West Bengal State Electricity Board, and is responsible for providing power to 96% of West Bengal with a customer base of more than 2.2 crore across the state.
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
West Bengal Revenue Service (WBRS) is one of the Group A services under West Bengal Civil Services, recruited through a competitive examination conducted by West Bengal Public Service Commission. The service was created in 2017 merging four erstwhile services concerning revenue matter and revenue collection. [ 1 ]
Various federal tax provisions of the Internal Revenue Code apply to pension plans. Similar rules apply to profit-sharing plans and stock bonus plans, which are commonly used for retirement savings. Significant portions of these tax law provisions parallel portions of ERISA (see discussion in a preceding section of this article).
The Department of Power of West Bengal is a Bengal government ministry. [1] It is a ministry mainly responsible for the fulfillment of the demand of electricity in the state. With the enhancement of the generating capacity, it is also emphasizing on the strengthening of transmission and distribution network, especially in rural Bengal.
Repealed from 1 January 2004, it had a defined-benefit (DB) pension of half the Last Pay Drawn (LPD) at the time of retirement along with components like Dearness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 government funded the pension benefit for its retired ...
West Bengal State Electricity Board (WBSEB) was a state government electricity regulation board in West Bengal in India.It was formed on 1 May 1955. In 2007, the Government of West Bengal unbundled the erstwhile WBSEB into two companies [1] namely West Bengal State Electricity Distribution Company (WBSEDCL) and West Bengal State Electricity Transmission Company (WBSETCL). [2]
The Finance Department of the Government of West Bengal plays a pivotal role in managing the state's finances, supporting development initiatives, and ensuring fiscal discipline. Its efforts are aimed at promoting sustainable economic growth, social welfare, and effective governance in West Bengal. [5]