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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."
It envisages a "Slum Free India" in which every citizen has access to basic civic infrastructure and social amenities. [70] By March 2024, 56,20,000 units had been delivered to beneficiaries. [71] Atal Pension Yojana (Atal Pension Scheme) CS MoF: 2015: Pension: Original form in 2010 as the Swavalamban Yojana. [72]
Since pension is both a reward for continuous service till the formal age of retirement as well as a form social security in old age, India favored a restructured pension ensuring a balance between retirement benefit of the government employees and the financial burden on the economy by moving from DB scheme to DC scheme.
Survivors' pension - Survivors pension is provided to the nominees of the insured person in event of death of the insured person. As per Islamic teachings old parents and young widows are included in the survivor pension program. As per EOBI rules, parents of the unmarried employee gets pension for 5 years in case of employee's death.
Pensions in Pakistan are provisions which are provided to retired employees. [1] Because only the retired formal sector mostly benefits from pensions, most of the social schemes and retirement welfare system in the country cover a small proportion of the old-age population, whereas a significant proportion of the elderly population working in the informal sector remains largely unprotected by ...
In the United Kingdom, the Widow’s Pension was discontinued in 2001. [5] A widow's pension can be paid to childless widows aged 45 or over, or to those whose husband died before September 4, 2001. [6] When it was offered, for a woman to qualify, her husband had to have paid 25 flat-rate contributions before April 6, 1975. [1]
A district of the Punjab state of India is an administrative geographical unit, headed by a District Magistrate or Deputy Commissioner, an officer belonging to the Indian Administrative Service. The District Magistrate or the Deputy Commissioner is assisted by a number of officers belonging to Punjab Civil Service and other state services.
In October 2022, an audit conducted by the Auditor General of Pakistan (AGP) of MEO Quetta uncovered a discrepancy amounting to Rs 82 million in the construction of the commercial plaza by the Pakistan Armed Services Board (PASB). A parcel of land, spanning 1,517.52 square meters, was leased to the PASB for 30 years for the construction of a ...