New EPFO data indicates that granting higher EPF pensions would create an additional liability of ₹78,501 crore, challenging the Centre’s earlier claim of a ₹10 lakh crore burden. https://english.mathrubhumi.com/news/india/higher-epf-pension-centres-10-lakh-cr-claim-collapses-epfo-shows-78-500-cr-additional-liability-nw0gn1wu?utm_source=dlvr.it&utm_medium=mastodon #EPFO #EPFPension #SupremeCourt #RetirementBenefits #IndiaEconomy

Real mailman reveals his huge paycheck to help recruit much-needed postal workers

https://fed.brid.gy/r/https://www.upworthy.com/mailman-salary-ex1

@drahardja I doubt that the #SecretaryOfDefense #Hegseth has any authority to reduce or affect #Federal or #Military #RetirementBenefits in any way.
Tamil Nadu has introduced the Assured Pension Scheme guaranteeing 50% pension plus DA revisions for government employees and teachers, marking a major reform in state retirement security. https://english.mathrubhumi.com/news/india/tamil-nadu-assured-pension-scheme-tnaps-benefits-r4d5pjs0?utm_source=dlvr.it&utm_medium=mastodon #TamilNadu #PensionScheme #TNAPS #RetirementBenefits
Government clarifies: Claims about withdrawing 8th Pay Commission & post-retirement benefits are FALSE. Get accurate info on salary hikes & arrears from official sources. https://english.mathrubhumi.com/news/india/govt-clarifies-about-8th-pay-commission-pension-claims-qvvcbyuu?utm_source=dlvr.it&utm_medium=mastodon #8thPayCommission #retirementbenefits #FactCheck #salaryhikes
Supreme Court stay halts 55% pay element for Chief Loco Inspectors, impacting retirement benefits. Railway Board advises zonal railways to uphold distinction between running and non-running staff. https://english.mathrubhumi.com/news/india/railway-board-issues-advisory-after-sc-stay-on-55-pay-element-for-clis-x4prvtso?utm_source=dlvr.it&utm_medium=mastodon #SupremeCourt #ChiefLocoInspectors #retirementbenefits #Railway

There are many humanitarian and ethical reasons to support immigration. But if you're a numbers only person, there's this:

https://www.moneytalksnews.com/ways-immigration-strengthens-social-security-finances/ #Immigration #SocialSecurity #RetirementBenefits

As the #retirement industry evolves from guaranteed lifetime pension plans to 401(k)s, #PRT have become the linchpin connecting the past, present and future of #RetirementBenefits. (Free registration required.) https://buff.ly/3W7sxqe
Verizon sued over $5.9B pension risk transfer deal with Prudential by ex-employees

Ex-employees are suing Verizon as well as State Street Global Advisors, which served as the “independent fiduciary” in putting the deal together to manage the pensions of 56,000 retirees.

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Social Security Benefits Targeted for Cuts by House Conservatives

House conservatives on Wednesday proposed raising the US retirement age to collect Social Security, handing Democrats damaging political ammunition ahead of the 2024 election.

Bloomberg