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board appoints new deputy director and hears strategic plan | Top Stories
NEWTOWN — The school board, meeting on Tuesday, August 23, named Brian Walsh vice-principal of Newtown Middle School, effective September 27. They also received a presentation of the proposed strategic plan from Richard Lemons, EdD, of Partners for Educational Leadership. He described his nonprofit organization as providing a range of services to school districts, including …
DHSC proposes further extension of suspended retirement penalties for retired nurses
The Department of Health and Social Care (DHSC) is seeking to further extend the provision of special retirement arrangements for retired NHS staff who have returned to work amid the coronavirus pandemic in England and Wales. He said the move would help “strengthen” the workforce ahead of another tough winter. However, some in the profession …
California passes law to expand pension plan’s mandate
In 2016, California passed a law stipulating that employers who do not sponsor an employee retirement plan must participate in a state-run retirement program. This program became known as CalSavers. Although there have been legal challenges against CalSavers, the program persists. CalSavers offers employees the ability to defer their wages, through employer payroll deductions, to …
Retirement Security: Recent Efforts by Other Countries to Expand Plan Coverage and Facilitate Savings
What the GAO found According to GAO officials interviewed about some international retirement savings plans, most plans require eligible employers to automatically enroll a portion of their workforce, unless workers explicitly opt out. (see figure). This automatic enrollment is intended to increase participation in the plan. However, those who are not automatically registered, including some …
PA Police don’t want another ‘Chalo Vijayawada’, take action to curb millennium march
Amaravati: All eyes are on the Millennium March organized by the Association of Contributory Pension Scheme (CPS) Employees of Andhra Pradesh on September 1 to demand the withdrawal of CPS. State police, worried that the march will be a success like “Chalo Vijayawada” in February, take steps to stop the Millennium March. Government employees demanded …
People over 80 can get higher old-age pension under new government policy – Reuters
Express press service CHENNAI: The government of Tamil Nadu may soon modify the old age pension scheme offered to the elderly by introducing an age-based differential pension scheme for people in the age brackets of 60-70, 70-80 and 80+ . According to the new policy for senior citizens, which should be implemented this year, people …
Applications for traveling and planning trips from the iPhone
If you love to travel but don’t take enough time to organize things, don’t worry. These are 7 useful apps that will help you plan your trips from your mobile. 27/08/2022 17:04 Travel is one of most enjoyable activities that exist, regardless of the means of transport. However, when you are a constantly moving person, …
2022 T25U25 Week Two Summary
We revealed six more names on the Maple Leafs Top 25 Under 25 this week, here they are: #19 Filip Kral moved up a few places from last year. Survey Which pair will Král be spending the most on next season? 17% Marlies first pair (69 votes) 396 voices in total Vote now #18Victor Mete …
Greg R. Lawson: Reckless STRS bonuses highlight need for pension reform
Ohio State’s Teachers’ Retirement System recently voted to give investment staff millions of dollars in new bonuses — a misguided move that Ohio retirees and taxpayers will rightly regret as they go. they struggle to keep pace with record inflation. Bounty advocates might argue that the pension fund has “beat” or “outperformed” its peers. But …
$140,000 average pension for new full-career FDNY retirees
Albany, NY— Nearly 70% of the 470 New York City Fire Department (FDNY) retirees last year were eligible for six-figure pensions, the data shows. posted today on SeeThroughNY, the Empire Center’s transparency website. Exactly 333 retirees received pensions over six figures, with 44 people eligible for pensions over $200,000. Among the 369 new retirees with …
TRS among worst performing public pension funds
Pension expert Richard Ennis analyzed the performance of public pensions from 24 funds, finding Illinois’ teachers’ pension system among the worst after underperforming for 10 years. A retirement expert took a close look at 24 public pension funds and determined that Illinois’ teachers’ retirement system was the fourth worst. Richard Ennis, former editor of …
Misconduct could cost global banks for pension funds
Sitting in a windowless US Department of Labor conference room in January 2015, Credit Suisse officials endured a day of public humiliation. It wasn’t enough that the bank had pleaded guilty a year earlier to helping US customers evade taxes and paying $2.6 billion in fines. A face-to-face rebuke of liberal politicians was scheduled in …
Judge won’t rethink extra $22 million awarded to pension plan
By Emilie Ruscoe (August 25, 2022, 8:11 p.m. EDT) — A federal judge in Manhattan will not reconsider his earlier decision that would award $22 million in prejudgment interest to a nurses’ union pension plan, says the judge on Thursday. In a one-page filing, U.S. District Judge Lewis A. Kaplan denied asset manager White Oak …
Florida government bans ESG from state pension funds
Florida Governor Ron DeSantis, along with trustees of the State of Florida Board of Directors (SBA), on Tuesday passed a resolution directing fund managers to disregard environmental, social and governance factors. when making investments for state pension funds. Managers of public funds must now base their allocation decisions “only on pecuniary factors” and “cannot sacrifice …
Overview of the Women’s World Cup – puppets of the pension plan
The 2022 female world championships open on August 25. Prepare to attend the start of a new tradition. Program We ended up with August hockey thanks to the unlikely combination of a pandemic and an IIHF innovation. When Worlds were canceled in 2020 and then again in 2021, the IIHF was forced to postpone the …
Mel Stride skeptical of proposed merger of regulators
Treasury Select Committee Chairman Mel Stride said Money Marketing it is “not immediately clear” how the merger of the various UK regulators will produce results. The Financial Times recently reported that Conservative leadership candidate Liz Truss had considered merging various UK regulators. Thus, the Financial Conduct Authority, the Prudential Regulation Authority and the Payment Systems …
House Sets Up Potential Repeal of Windfall Elimination and Government Pension Offsetting – FEDmanager
Late last month, the Social Security Fairness Act (HR 82) achieved a new milestone in the House of Representatives: 294 co-sponsors. Per house rulesbills with more than 290 co-sponsors are automatically placed on the consensus schedule, ensuring a floor vote after the chamber suspends. Passing HR 82 would eliminate two provisions of the Social Security …
UP Family ID Plan Gets Center Green Light, Paving the Way for Many Programs | India News
LUCKNOW: The Center has approved the UP government’s plan to issue identity cards to every family in the state using Adhar data and ration cards for authentication of details. The state will likely launch within a fortnight a portal where citizens can apply for their IDs, which will help execute the government’s “one job for …
LG Mathur Attends ESM Rally, Pension Adalat – Jammu Kashmir Latest News | Tourism
Lieutenant Governor RK Mathur inspects a booth at the ESM rally in Leh on Monday. Excelsior Correspondent LEH, August 22: Ladakh Lieutenant Governor RK Mathur attended the Ex-Servicemen Gathering (ESM) and 175th Raksha Pension Samadhan Aayojan organized by Fire & Fury Corps today at Rinchen Auditorium in Leh.The two-day event also includes the Veer Nari …
DallasNews Corporation Announces Special Dividend and Voluntary Pension Plan Contribution
Dallas News Corporation DALLAS, Aug. 22, 2022 (GLOBE NEWSWIRE) — DallasNews Corporation (Nasdaq: DALN) today announced that its Board of Directors has approved a special dividend of $1.50 per share payable September 30, 2022 to shareholders of record at the close of September 9, 2022. The Board also approved a voluntary contribution to the Company’s …
Garden State Plaza developers plan to turn Bergen County mall into destination area
Garden State Plaza in Paramus is about to be completely redesigned. Instead of surface parking areas west of the mall, there will be modern luxury apartments, plazas, parks, gardens, health and wellness facilities, commercial offices, as well as a Transit Center – alongside new outdoor stores, restaurants, community event spaces and a restored Sprout Brook. …
Qube Research & Technologies Ltd acquires shares of 5,939 EnPro Industries, Inc. (NYSE: NPO)
Qube Research & Technologies Ltd has acquired a new stake in EnPro Industries, Inc. (NYSE: NPO – Get a rating) in the 1st trimester, HoldingsChannel reports. The company purchased 5,939 shares of the industrial products company, valued at around $580,000. Several other large investors have also recently bought and sold shares of the company. Advisor …
State Pensions News: Widows and widowers suffer ‘financial shock’ after contributions disappear | United Kingdom | New
The old state pension system allowed widows to inherit everything – even if their husband died before they could collect their pension. But in 2016 reforms were introduced that meant widows could no longer automatically inherit a state pension from their late husband or wife. Up to £145,000 can be paid in National Insurance contributions …
Trajectories of sickness absence and days of disability pension for 189,321 white-collar workers in commerce and distribution; a 7-year longitudinal Swedish cohort study | BMC Public Health
This is a population-based longitudinal cohort study of SA and DP among white-collar workers employed in the private trade and retail sector during the years 2010-2016. Data and study population We used data from three national Swedish administrative registers linked at the individual level through the use of the personal identity number [26] (PIN, a …
Principal Financial Group Inc. sells 20,627 shares of Axos Financial, Inc. (NYSE: AX)
Principal Financial Group Inc. reduced its stake in Axos Financial, Inc. (NYSE:AXIS – Get a rating) by 4.9% in the first quarter, according to its most recent Form 13F filed with the Securities & Exchange Commission. The institutional investor held 397,306 shares of the company after selling 20,627 shares during the quarter. Principal Financial Group …
FTB Weekend: A surprising amount of news to share
We start this news-filled newsletter with old but new news that Dmitri Ovchinnikov will be loaned to the KHL to play with his club team in Sibir. It was probably decided in April that he would return after the Leafs signed him in an ELC, but yesterday the KHL made it official by signing him …
Pension Credit: Widow, 72, better off £158 a week after DWP claim | Personal finance | Finance
Many retirees think they can’t claim the Pension Credit, a benefit designed to help low-income retirees because they have savings or own their homes. However, this is not necessarily the case, and many could be entitled to a worthwhile supplement. Age UK shared the story of a 72-year-old woman who was able to benefit from …
Pension climate reporting is hampered by lack of data
By Martin Croucher (August 19, 2022, 2:38 PM BST) – Retirement savings plan administrators may struggle to meet new climate reporting regulations due to a lack of sufficient data from managers assets, suggested a consultancy, as it warned that there is no “short quick fix” to the problem. Hymans Robertson said in a research paper …
Irish horse breeders plan €342m investment
Irish riders won all three international classes on offer on the opening day of the Dublin Horse Show 2022 on Thursday. Limerick driver Paul O’Shea and Machu Picchu, pictured, won The Sport Ireland Classic, Richard Howley of Sligo guided Fame to victory in the Minerva Stakes, and Mikey Pender of Kildare and HHS Fortune won …
State pension payments rise as inflation soars | Personal finance | Finance
Experts expect the September inflation rate, used to set payments from next April, to continue to soar after already hitting double digits. The new state basic pension, available to those retiring from April 2016, will exceed £200 a week, even at the current rate of 10.1%. At the current level, the base rate would rise …
State pension to rise by £962 next year to millions as inflation hits 10.1%
MILLIONS of people are set to see a bumper increase in their state pension payments next year due to soaring prices. Inflation has now hit double figures at 10.1% in the 12 months to July, new figures released today show. 1 State pension rates will be protected by the triple lockdown in 2023 Pensioners are …
Pension fund writes off $150m loss in Celsius investment
A Canada pension fund writes off a $150 million loss on a Celsius investment and believes it entered the crypto market too soon. They no longer expect any return from Celsius. This is even after the fact that Celsius will return investments to institutional investors and companies first before retailers. Since the 2nd largest pension …
State anti-ESG bills may make it harder to invest in public pension plans – ML BeneBits
At the same time that the federal government, through the U.S. Department of Labor, appears to be relaxing the pathways for pension plan trustees to consider certain environmental, social, or governance (ESG) factors in pension decision-making. investment, some states are adopting laws that prohibit states from doing business with managers who invest on the basis …
Anglian Water is pushing ahead with its reservoir plan in South Lincolnshire to secure future supply
Anglian Water bosses say they are pushing ahead with plans for a new reservoir in our area to ‘secure the water supply for future generations’. After the driest period since 1976 – with a drought declared here – the company says it is almost ready to ask the public about its plans for the future …
The difficulty of seniors coping without a pension or savings
Thu, 61, is a housewife and totally dependent on her husband. He is 66 years old and works as a construction worker. They are struggling to make ends meet, and their health expenses eat up a large part of their income. Thu says, “My daughter has no problem giving us money, but her husband doesn’t …
IRS Extends Deadlines for Enacting Plan Changes for CARES Act, SECURE Act and More | Knowledge
On August 3, 2022, the IRS issued Notice 2022-33, which extends the deadlines for qualified pension plans, 403(b) plans, and government pension plans (including 457(b) plans) to enact amendments reflecting certain optional and mandatory changes under the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act), the Coronavirus Aid, Relief, and Economic …
The sure thing not so sure | AMERICAN SOCIETY OF PENSION PROFESSIONALS & ACTUARIES
By some accounts, I recently spent a week in “retirement” – sightseeing, reading good books, spending time with my family, and yes – even walking on a beach. And I have to tell you — if it was retirement, I don’t know how I’m going to afford it. Now, I realize that’s not the stuff …
New Homes Plan for Pitsea Greenbelt Land
Developers have launched plans to build 32 new homes on green belt land, despite an earlier bid being blocked by the local council. JP & MD Properties Ltd have applied to Basildon Borough Council for permission to build the residential development north of Bowers Close in London Road, Pitsea. A request for 31 homes on …
Live updates: Chinese stocks fall as data heightens concerns over economy
Afghanistan has two anniversaries ahead. Friday is Independence Day, commemorating the signing of the Treaty of Rawalpindi in 1919, in which Britain granted Afghanistan self-determination over its foreign affairs. However, most will be most concerned about Monday, which marks one year since the Taliban regained control. This week also begins with the 75th anniversary of …
Watershed Implementation Plan Work in Progress | national news
COLLEGE PARK – Chesapeake Bay’s restoration goals cannot be achieved overnight; it takes years of coordination, cooperation and compromise to bring about the changes needed to positively affect water quality, experts say. Gurpal Toor, a professor, extension specialist and associate chair of the Department of Environmental Science and Technology at the University of Maryland College …
Cities take a big bite out of public safety pension plan debt | New
During the past fiscal year, municipalities in the East Valley took advantage of unexpected increases in general fund revenues to make large additional payments on their pension debt earned by thousands of retired police and firefighters. But Tempe, Mesa, Gilbert, Chandler and Scottsdale still have a long way to go before they wipe out their …
2022 T25U25 — Unranked Community Voting
We spent the whole week on the official vote, covering players who got zero votes, those who didn’t get enough votes, and the top two names in the Top 25. Now it’s time to pay attention to the vote from the community. If you voted there this year, or the most recent years, you know …
New York’s pension plan to define energy giants’ climate risk management plans
By Al Barbarino (August 12, 2022, 7:19 p.m. EDT) — The New York State Employees’ Pension Fund said Friday it was evaluating more than two dozen publicly traded oil and gas companies to assess how extent they are prepared to face the risks that come with the transition to a “net zero” economy, warning that …
Disability pension risk and time to first treatment in the SEP-RR
For one study, researchers sought to explore the association between the duration between disease onset and the start of therapy and the risk of receiving a disability pension. Patients who had their disease onset between January 1, 1996 and April 5, 2016 were followed until they received a disability pension or a concurrent risk/censorship event …
What DC plan members need to know about retirement income
Kemal Yildirim/E+ via Getty Images By Jennifer DeLong and Christopher Nikolich Transcription Jennifer DeLong: In the industry, over the past few decades, we’ve done a pretty good job of helping plan members understand that they need to save, they need to save early and often, and try to save as much as possible. But what’s …
Some clarity on the population without a medical plan in Puerto Rico
By Adriana de Jesus Salamon, MetroPR. special for August 11, 2022 at 5 a.m. Neither the Ministry of Health nor the Health Insurance Administration (ASES) knows the exact number of people without health insurance in Puerto Rico, while initiatives to increase coverage for this population are just beginning. in interview with Subway, Secretary of Health, …
Taxpayers have a 50-day window until September 30 to join Atal Pension Yojana
The Center has given taxpayers a 50-day window to join the Atal Pension Yojana (APY) – a government-backed voluntary scheme intended to provide income security to older people in the form of a minimum insured pension in the unorganized sector. The window will close on September 30. Currently, all Indian citizens between the ages of …
Definition of Canada Pension Plan (CPP)
What is the Canada Pension Plan (CPP)? The Canada Pension Plan is one of the three components of the Canadian authorities’ retirement income system, which is responsible for the payment of retirement or disability benefits. The Canada Pension Plan was created in 1965 to provide a basic set of benefits to retirees and disabled contributors. …
Pensionable overtime raises retirement costs by nearly 20%, study finds – InsuranceNewsNet
SARASOTA, Florida, August 10 (TNSjou) — The University of South Florida sarasota–Manatee campus published the following news: State and local municipalities facing underfunded public pensions may want to add an overlooked bargaining tool to the bargaining table: award rules that stipulate which workers have preferential access to overtime. It is well known that national and …
Midpen Open Space and Rangers’ Union Consider First Responder-Friendly Retirement Plan | Local News
Negotiations for a pension plan for rangers in the Midpeninsula Regional Open Space District have stalled after their task force said district management refused to reclassify staff into a new pension plan it says , adequately covers labor risks. Alexander Hapke, president of the Midpeninsula Rangers Peace Officers Association, said the council had not discussed …
Plan of flats approved for construction on Bradford’s Kirkgate
PLANNING chiefs have given the go-ahead for the conversion of a former bank building in Bradford town center into apartments. The plan for 61-65 Kirkgate, next to McDonald’s, was submitted to Bradford Council in April. He requested permission to divide the building into three units and create nine one-bedroom apartments on the first and second …
More than 130,000 Verizon and AT&T retirees welcome federal pension asset protection legislation – InsuranceNewsNet
WE Representing Frank J. Mrvan (Din) WE Senator Chris Murphy (D-CT) Look for Stop predatory investors the relocation of retiree assets COLD SPRING HARBOR, NEW YORK, UNITED STATES, August 9, 2022 /EINPresswire.com/ — Since 2012, nearly $220 billion moved from federally protected defined benefit pension plans to less secure group annuities. This process, known as …
Arcadia directors agree £1bn pension deal with Topshop
Arcadia GroupSir Philip Green’s pension plans are reaching a deal to offload pension funding pledges made by Sir Philip Green’s former retail empire, according to Sky News. The trustees of the Arcadia Group executive and staff schemes are in talks with Pension Insurance Corporation over a transaction to insure around £1bn of liabilities. The newspaper …
Commentary: The Fatal Default of Your Retirement Plan’s Target Date Funds | Nation
There was a major development in 2006 that transformed the way Americans invest for retirement. It solved one problem, but created another that will cause additional suffering for people retiring in this economy. The mid-2000s marked the beginning of the nudge revolution, where policymakers thought they could trick people into more desirable behavior. The idea …
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Roading agency spends nearly $250,000 on battle plan for illuminated billboards
It cost Waka Kotahi nearly a quarter of a million dollars to prove that LED billboards next to one of the country’s most dangerous highways are a bad idea. Photo / 123RF It cost the state highway agency almost $250,000 to prove that LED billboards next to one of the country’s most dangerous highways are …
The aging of the Dutch population could put pressure on the pension system and endanger the labor market
The median age worldwide is around 31 years old. But in the Netherlands –– as in many other European countries –– that number is somewhere in the mid-40s. The aging of the Dutch population will have an impact on the economy and the labor market for years to come. According to the NOS, this is …
Free Bus Pass: State Retirement Age Change Could Affect Your Eligibility | Personal finance | Finance
The free bus pass is available to people when they reach the legal retirement age, which is currently 66. However, according to government proposals, the legal retirement age may change in the coming years. This would mean millions of older people would wait longer to access this vital benefit. Millions of retirees are eagerly awaiting …
FTB: The Junior World Championship begins on Tuesday
It wouldn’t be summer without an international hockey tournament…it’s not something people usually say, but here we are! The Junior Men’s World Championship begins on Tuesday, which means you can spend the next two weeks watching the hockey all afternoon and evening. It’s like December, except it’s 30 degrees outside. The full tournament schedule is …
How to protect your savings and pension from inflation in the UK | consumer affairs
IInterest rates have risen again this week, and many savers will see their rates rise accordingly, but rising inflation – currently at 9.4% and expected to rise – is eating away at the value of nest egg money people. As central banks around the world raise interest rates to beat inflation, fears of a full-scale …
NPS plan: 5 reasons to opt for this pension plan for a better return with a minimum of risk
NPS scheme: The National Pension System (NPS) is a unique Indian government-backed pension scheme that provides both equity and debt exposure in a single investment. Giving flexibility to NPS account holders when it comes to debt and equity exposure, it provides an element of confidence to investors as it is backed by the government. This …
Governor expected to sign bill clarifying pension information disclosure – The Daily Gazette
There is always some leeway, a talking point, a space for appeal, when the government bases its actions on court decisions. When a matter is subject to interpretation – as the public’s right to obtain government information often is – it is important to remove the ambiguity and flexibility of a court decision by passing …
DSWD hopes to impact indigent elderly with increased social pension
The Department of Social Welfare and Development (DSWD) hopes that the law increasing the social pension for indigent seniors will have a significant impact on the lives of its beneficiaries. In accordance with Republic Act No. 11916, which went into effect last July 30, the monthly pension for qualified seniors under the government’s Indigent Seniors …
Pension plan trustees urged to consider locking in gains amid rising interest rates
XPS Pensions Group says pension trustees should seriously consider taking steps to lock in gains amid rising long-term government bond yields and interest rates. The Bank of England (BoE) raised interest rates by 0.5 percentage point to 1.75% yesterday (August 4), the biggest increase in 27 years, in response to soaring inflation . XPS Pensions …
Aasara Pension Scheme helps widows and elderly people financially – ThePrint – ANIFeed
Hyderabad (Telangana) [India]Aug 05 (ANI): The Aasara pension scheme launched by the Telangana government financially helps widows and the elderly in the state. The program was launched on November 8, 2014 at Kothur in Mahboobnagar district. The welfare scheme pays pensions to the elderly, widows, elephantiasis, AIDS, physically handicapped, beedi workers and single women. The …
Detroit sues for 30-year plan for police and fire pension payments
The city of Detroit filed a petition in bankruptcy court Wednesday seeking a 30-year amortization in the police pension plan and the firefighters pension system. The PFRS approved a 20-year amortization payment schedule last year, which Mayor Mike Duggan had previously expressed frustration about. The city has scheduled a 30-year window when payments will resume …
Glencore ‘will keep its word’ on coal depletion plan even as world rekindles interest in fuel
Gary Nagle, CEO, Glencore GLENCORE will continue to deplete its coal reserves despite a change in the world’s attitude towards fuel, said group CEO Gary Nagle. “We will not shy away from our plan to responsibly reduce our coal business,” he said during the presentation of interim results for the company in which coal took …
National Pension System NPS Latest News: Credit card payment for NPS Tier II accounts stopped by PFRDA. Read details
The Pension Funds Regulatory and Development Authority (PFRDA) has decided to no longer accept payment of contributions/contributions using credit cards as a method of payment in the National Pension System (NPS) Tier II Account ). The regulator has asked all points of presence (PoPs) to immediately stop accepting credit cards for payments on NPS Tier …
“Call on CM Mann for a Better Retirement”
Bant Singh, a Dalit Sikh worker, activist and singer from Jhabbar village in Mansa, lost his arms and right leg in 2006 when he was beaten by upper-caste men who were associated with those accused of raping her daughter six years ago. In 2004, the three defendants were sentenced to life imprisonment. Sitting in his …
Sensitive data of Indian pension fund holders exposed online – TechCrunch
A huge cache of data containing the full name, bank account number and applicant information of pension fund holders in India has surfaced online. security researcher Bob Diachenko found two separate IP addresses storing over 288 million records – with some 280 million records available under one IP address and around 8.4 million part of …
Anima: publishes its first Group Sustainable Development Plan
PRESS RELEASE ANIMA PUBLISHES ITS FIRST GROUP SUSTAINABILITY PLAN Milan, August 03, 2022 – ANIMA released the Band 2022-2026Sustainability planwhich defines the strategic directions in environmental, social and governance (ESG) matters that the Group intends to pursue in the months and years to come, in line with the Sustainable Development Goals (SDGs) of the United …
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Climate change adaptation plan: how to evacuate cities and other realities laid bare in the first national adaptation plan
Savage weather has pounded the country yet again this week in the ninth severe weather event to hit Aotearoa in the past two months, as experts explain how climate change could be a factor. Video / NZ Herald Entire towns and communities will likely have to be abandoned due to the impacts of climate change …
PFRDA appoints 3 directors to NPS Trust Board
Pension fund regulator PFRDA will appoint three trustees to the NPS Trust board and has invited eligible people to apply by September 1. The Pension Funds Regulatory and Development Authority (PFRDA) has established the National Pension System Trust (NPS Trust) which legally holds subscribers’ funds under the NPS and other pension schemes it administers. The …
Assumed average public pension rate of return hits 40-year low
According to the National Association of State Retirement Administrators, the average investment rate of return assumption for US public pension funds has fallen below 7.0%, the lowest level in more than 40 years. Of the 131 funds measured by NASRA, more than half have lowered their return on investment assumption since fiscal 2020 as rising …
SC promotes forex-jawan disability pension with alcohol addiction | Latest India News
The Supreme Court on Monday asked the army to benignly examine a demobilized soldier receiving a disability pension due to alcohol addiction, observing that the man served in extremely difficult terrain at the Glacier de Siachen and deserved exceptional consideration because of his record of service. “These are soldiers who served on the border and …
There’s no magic in the ‘magic circle’ as UK firms plan to expand into Asia
In recent years, a striking consensus among Allen & Overy, Freshfields Bruckhaus Deringer, Linklaters and Clifford Chance is the desire to move away from the Magic Circle company brand, an informal 1990s term that describes the the most prestigious law firms based in London. “An international law firm” or “a global practice” is now a …
Pension assets rise by N842.73 billion in six months
Assets under the contributory pension scheme increased by 842.73 billion naira in the first half of 2022 to reach 14.27 billion naira at the end of June. Figures obtained from the National Pensions Commission on its “Unaudited report on the portfolio of the pension fund industry for the period ended 30 June 2022”; Approved existing …