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Additional milestones highlighted include: - The first NSITF pension review in 21 years, increasing some monthly pensions from ₦18,000 to ₦206,000—an increase of over 1,000%, with all arrears fully paid. - Three pension increases within 24 months, including the 22% Pension Boost, the ₦32,000 monthly consequential adjustment, and over...

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Daddy D.O🇳🇬

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41,959 просмотров • 1 день назад •via X (Twitter)

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Omolola Oloworaran, Director-General of the National Pension Commission (PenCom), highlighted major pension reforms and achievements, including: ₦758 billion intervention bond that cleared pension obligations accumulated over two decades. Landmark pension increase for retirees under the Contributory Pension Scheme (CPS). First review of NSITF pensions in 21 years, with some pensioners receiving increases of over 1,000%. Introduction of a new end-of-service benefit scheme for retiring employees of Treasury-funded MDAs. Launch of the Minimum Pension Guarantee to strengthen retirement income security. Introduction of the PenCare Health Initiative, expected to commence within the next three months, to provide healthcare support for retirees alongside their pensions.
1:13

Omolola Oloworaran, Director-General of the National Pension Commission (PenCom), highlighted major pension reforms and achievements, including: ₦758 billion intervention bond that cleared pension obligations accumulated over two decades. Landmark pension increase for retirees under the Contributory Pension Scheme (CPS). First review of NSITF pensions in 21 years, with some pensioners receiving increases of over 1,000%. Introduction of a new end-of-service benefit scheme for retiring employees of Treasury-funded MDAs. Launch of the Minimum Pension Guarantee to strengthen retirement income security. Introduction of the PenCare Health Initiative, expected to commence within the next three months, to provide healthcare support for retirees alongside their pensions.

Daddy D.O🇳🇬

17,614 просмотров • 1 день назад

Act One: Delivering on the Promise. Delivering on President Tinubu's commitment to Nigerian workers: - Pension assets increased by 51%, rising from ₦20.7 trillion to ₦31.48 trillion, creating ₦10.7 trillion in new retirement wealth in just two years. - 938,229 new contributors enrolled into the Contributory Pension Scheme (CPS), expanding retirement security for more Nigerians. - Pension Boost 1.0 increased aggregate monthly pension payments by 22%, from ₦12.2 billion to ₦14.9 billion. - More than 195,000 pensioners from Treasury-funded MDAs who retired on or before 29 July 2024 now receive a ₦32,000 monthly consequential pension adjustment, ensuring retirees also benefit from the new national minimum wage.
2:56

Act One: Delivering on the Promise. Delivering on President Tinubu's commitment to Nigerian workers: - Pension assets increased by 51%, rising from ₦20.7 trillion to ₦31.48 trillion, creating ₦10.7 trillion in new retirement wealth in just two years. - 938,229 new contributors enrolled into the Contributory Pension Scheme (CPS), expanding retirement security for more Nigerians. - Pension Boost 1.0 increased aggregate monthly pension payments by 22%, from ₦12.2 billion to ₦14.9 billion. - More than 195,000 pensioners from Treasury-funded MDAs who retired on or before 29 July 2024 now receive a ₦32,000 monthly consequential pension adjustment, ensuring retirees also benefit from the new national minimum wage.

Daddy D.O🇳🇬

19,882 просмотров • 1 день назад

Act Two. Righting historical wrongs. Honoring long-standing commitments through decisive leadership: - The Federal Government's historic ₦758 billion pension intervention, which cleared outstanding pension obligations dating back to 2007, benefiting over 957,000 retirees and restoring confidence in the pension system. - Accrued pension rights moved from 21 months in arrears to a 41-month surplus, enabling eligible retirees from Treasury-funded MDAs to receive their benefits within 48 hours after completing the required documentation. - Introduction of a new End-of-Service Benefit Scheme, granting retiring employees of Treasury-funded MDAs 100% of their annual emolument, ensuring a more dignified and financially secure transition into retirement.
2:56

Act Two. Righting historical wrongs. Honoring long-standing commitments through decisive leadership: - The Federal Government's historic ₦758 billion pension intervention, which cleared outstanding pension obligations dating back to 2007, benefiting over 957,000 retirees and restoring confidence in the pension system. - Accrued pension rights moved from 21 months in arrears to a 41-month surplus, enabling eligible retirees from Treasury-funded MDAs to receive their benefits within 48 hours after completing the required documentation. - Introduction of a new End-of-Service Benefit Scheme, granting retiring employees of Treasury-funded MDAs 100% of their annual emolument, ensuring a more dignified and financially secure transition into retirement.

Daddy D.O🇳🇬

19,166 просмотров • 1 день назад

It seems Amaany doesn’t fully understand how pensions work. Mohamed Nasheed didn’t introduce 5,000 MVR old age benefit as a permanent allowance for all Maldivians. Before his time, there was no contributory retirement pension system. So, he introduced one (7% employee, 7% employer), along with the 5,000 MVR benefit as an immediate measure to support those who weren’t receiving any retirement pension. Cause back then only gov employees were getting it. The idea is that everyone should contribute to their retirement pension fund while they are working. The full benefits of this system will be felt in about 50 years, when most people will receive a pension from their own savings. Only a small percentage of people, those who are not part of the retirement pension, will continue receiving the 5,000 MVR from the gov. In 50 years, parents won’t have to depend on the gov or their children for financial support in old age. They will be funding their own retirement through the pension system. So, the 5,000 MVR old age benefit is not a permanent allowance for everyone. It was designed to help those who wouldn’t otherwise have a pension and over time, fewer people will rely on it. This is a sustainable system. Cause people fund their own retirement from own savings.
2:37

It seems Amaany doesn’t fully understand how pensions work. Mohamed Nasheed didn’t introduce 5,000 MVR old age benefit as a permanent allowance for all Maldivians. Before his time, there was no contributory retirement pension system. So, he introduced one (7% employee, 7% employer), along with the 5,000 MVR benefit as an immediate measure to support those who weren’t receiving any retirement pension. Cause back then only gov employees were getting it. The idea is that everyone should contribute to their retirement pension fund while they are working. The full benefits of this system will be felt in about 50 years, when most people will receive a pension from their own savings. Only a small percentage of people, those who are not part of the retirement pension, will continue receiving the 5,000 MVR from the gov. In 50 years, parents won’t have to depend on the gov or their children for financial support in old age. They will be funding their own retirement through the pension system. So, the 5,000 MVR old age benefit is not a permanent allowance for everyone. It was designed to help those who wouldn’t otherwise have a pension and over time, fewer people will rely on it. This is a sustainable system. Cause people fund their own retirement from own savings.

Hassan Kurusee

55,531 просмотров • 1 год назад

Before the state elections, BJP announced many freebies for Bihar. Increasing pension from ₹400 to ₹1,100 alone has created an additional monthly burden of ₹1,150cr. Now, Bihar govt is cash strapped. They have asked the RBI for ₹12,000cr loan!! Situation now – > Social Security Pensions for 1 crore elderly, widow and disabled, is due for March and April > Student Credit card scheme for 58,000 students is due > Road, bridge and other development projects are stalled Note: The state's total liability already exceeds ₹3,70,000cr!!
4:44

Before the state elections, BJP announced many freebies for Bihar. Increasing pension from ₹400 to ₹1,100 alone has created an additional monthly burden of ₹1,150cr. Now, Bihar govt is cash strapped. They have asked the RBI for ₹12,000cr loan!! Situation now – > Social Security Pensions for 1 crore elderly, widow and disabled, is due for March and April > Student Credit card scheme for 58,000 students is due > Road, bridge and other development projects are stalled Note: The state's total liability already exceeds ₹3,70,000cr!!

PunsterX

25,824 просмотров • 2 месяцев назад

This conversation has generated a fair bit of conversation so I think it’s worth elaborating on. There is a common misconception that superannuation is decreasing the number of retirees on the pension. As per ASFA figures attached in comments - the median balance for men and women aged 60-64 is $220k and $164k respectively. That is nowhere near enough to get off the full pension which starts to reduce when a home owning single person has assets of $321k. The pension cuts out entirely if a home owning single person has assets of $714k. In other words, well over half of people about to retire have barely half the level of assets needed to get off the full pension. This is worse than when Superannuation began in 1992 when 77% of retirees were receiving a pension. 50% were receiving a full pension and 27% were receiving a part pension. Furthermore as per the ABS figures attached in comments below, 40% of people now retiree with a mortgage up from 10% in 1992. These figures are over five years old so the figure is probably worse. That means that most people have to cash in their super when they retire to pay off their mortgage and then go onto the pension anyway. Then there is the whole return on investment scenario - if house prices are growing the same as or faster than superannuation returns, then yet again it becomes a false economy. In other words Superannuation is not achieving its stated aim. The Productivity Commission estimates the cost of running Superannuation is around 1% of funds under management or $40 billion per year. Australia doesn’t need more financial engineers in this country, we need real engineers building real assets not paper assets. Nor should we be investing superannuation money overseas in foreign infrastructure when our own country desperately needs more infrastructure investment.
0:40

This conversation has generated a fair bit of conversation so I think it’s worth elaborating on. There is a common misconception that superannuation is decreasing the number of retirees on the pension. As per ASFA figures attached in comments - the median balance for men and women aged 60-64 is $220k and $164k respectively. That is nowhere near enough to get off the full pension which starts to reduce when a home owning single person has assets of $321k. The pension cuts out entirely if a home owning single person has assets of $714k. In other words, well over half of people about to retire have barely half the level of assets needed to get off the full pension. This is worse than when Superannuation began in 1992 when 77% of retirees were receiving a pension. 50% were receiving a full pension and 27% were receiving a part pension. Furthermore as per the ABS figures attached in comments below, 40% of people now retiree with a mortgage up from 10% in 1992. These figures are over five years old so the figure is probably worse. That means that most people have to cash in their super when they retire to pay off their mortgage and then go onto the pension anyway. Then there is the whole return on investment scenario - if house prices are growing the same as or faster than superannuation returns, then yet again it becomes a false economy. In other words Superannuation is not achieving its stated aim. The Productivity Commission estimates the cost of running Superannuation is around 1% of funds under management or $40 billion per year. Australia doesn’t need more financial engineers in this country, we need real engineers building real assets not paper assets. Nor should we be investing superannuation money overseas in foreign infrastructure when our own country desperately needs more infrastructure investment.

Gerard Rennick

44,183 просмотров • 4 месяцев назад

Hon'ble Prime Minister Shri Narendra Modi had in January 2025 approved the establishment of the 8th Central Pay Commission (CPC) to revise the salaries and benefits of Central Government employees and pensioners. All Central Government pensioners who had retired before 1.1.2016 are receiving pension at par with employees who retired after 1.1.2016. Keeping in view the recommendations which were made by the 6th CPC, a distinction among pensioners is inevitable and that is what is being brought in as an amendment and by way of validation. The validation rules DO NOT, in any way, change or alter the existing pensions so fixed of existing Civil Pensioners from the present stage. The validation rules also DO NOT affect Defense Pensioners in any way as they are covered by separate rules. It is not an amendment to any pension Rules or instructions but only a reaffirmation of the same w.e.f. 1st June, 1972, i.e. the date the CCS (Pension) Rules were promulgated. The 6th Central Pay Commission made a distinction between the retirees of pre-1.1.2006 and those of post-1.1.2006 periods. The then-Government (Congress-led UPA) had accepted the recommendations of 6th Central Pay Commission and decided that there will be a distinction between pensioners with reference to the cut-off date of 1.1.2006. The 7th Central Pay Commission has brought in parity between pre 1.1.2016 and post 1.1.2016 Pensioners. I again reiterate that this is only a Validation of existing rules. This DOES NOT alter or change existing civil or defense pension. - Smt Nirmala Sitharaman in Rajya Sabha
4:39

Hon'ble Prime Minister Shri Narendra Modi had in January 2025 approved the establishment of the 8th Central Pay Commission (CPC) to revise the salaries and benefits of Central Government employees and pensioners. All Central Government pensioners who had retired before 1.1.2016 are receiving pension at par with employees who retired after 1.1.2016. Keeping in view the recommendations which were made by the 6th CPC, a distinction among pensioners is inevitable and that is what is being brought in as an amendment and by way of validation. The validation rules DO NOT, in any way, change or alter the existing pensions so fixed of existing Civil Pensioners from the present stage. The validation rules also DO NOT affect Defense Pensioners in any way as they are covered by separate rules. It is not an amendment to any pension Rules or instructions but only a reaffirmation of the same w.e.f. 1st June, 1972, i.e. the date the CCS (Pension) Rules were promulgated. The 6th Central Pay Commission made a distinction between the retirees of pre-1.1.2006 and those of post-1.1.2006 periods. The then-Government (Congress-led UPA) had accepted the recommendations of 6th Central Pay Commission and decided that there will be a distinction between pensioners with reference to the cut-off date of 1.1.2006. The 7th Central Pay Commission has brought in parity between pre 1.1.2016 and post 1.1.2016 Pensioners. I again reiterate that this is only a Validation of existing rules. This DOES NOT alter or change existing civil or defense pension. - Smt Nirmala Sitharaman in Rajya Sabha

Nirmala Sitharaman Office

39,610 просмотров • 1 год назад

BREAKING : Minister of Education Tunji Alausa unveils the signed agreement between the Federal Government of Nigeria and the Academic Staff Union of Universities (ASUU). This new agreement concludes the renegotiation of the 2009 FGN–ASUU Agreement. Key highlights of the agreement include: - 40% salary increase for academic staff - Improved pension benefits: Professors to earn pension equivalent to their annual salary at retirement (age 70) - Better university funding model with dedicated allocations for research, libraries, labs, equipment, and staff development - Proposed National Research Council (NRC) to fund research with at least 1% of Nigeria’s GDP - Stronger university autonomy & academic freedom - Elected academic leadership (Deans/Provosts), with only professors eligible - Agreement takes effect from January 1, 2026, and will be reviewed after 3 years - No victimization of anyone involved in the struggle during the course of drafting the new agreement.
1:50

BREAKING : Minister of Education Tunji Alausa unveils the signed agreement between the Federal Government of Nigeria and the Academic Staff Union of Universities (ASUU). This new agreement concludes the renegotiation of the 2009 FGN–ASUU Agreement. Key highlights of the agreement include: - 40% salary increase for academic staff - Improved pension benefits: Professors to earn pension equivalent to their annual salary at retirement (age 70) - Better university funding model with dedicated allocations for research, libraries, labs, equipment, and staff development - Proposed National Research Council (NRC) to fund research with at least 1% of Nigeria’s GDP - Stronger university autonomy & academic freedom - Elected academic leadership (Deans/Provosts), with only professors eligible - Agreement takes effect from January 1, 2026, and will be reviewed after 3 years - No victimization of anyone involved in the struggle during the course of drafting the new agreement.

Nigerian Affairs Journal

151,143 просмотров • 6 месяцев назад

#WATCH | Delhi | On Supreme Court grants full pension to women SSC Officers denied permanent commission, Advocate SS Pandey says, “Today, Supreme Court has passed a historical order, the bench was presided by the CJI, in respect of women officers of all the three services – Army, Navy and Air Force. The SC has recognised the fact that since women officers were not being considered for PC, the inputs to derive the merits of the women officers have not been done properly because the reporting officers were not conscious of the fact that these Annual Confidential Reports and other credentials would be used for consideration of PC for the women officers… In the Army, the SC has already found that the women officers have been subjected to systemic discrimination through the cases of Babita Punia and Nitisha… The SC clearly held that all those officers who have completed 60% of qualifying service and were clear from the PC and vigilance angle will be considered and granted PC. The officers who have been victims of systemic discrimination will be permitted to serve for 20 years and will be given a pension on completion of 20 years… In the Air Force’s case, the consideration denied earlier was based on a 2019 policy in which the inputs that were taken into consideration were those that women officers could not have earned during their service. As a result, they were denied PC. Both the male and female officers have been granted consideration for PC or pension… The same goes with the Navy because it was also following a policy of no PC to either men or women… They have also been considered for PC… “
7:53

#WATCH | Delhi | On Supreme Court grants full pension to women SSC Officers denied permanent commission, Advocate SS Pandey says, “Today, Supreme Court has passed a historical order, the bench was presided by the CJI, in respect of women officers of all the three services – Army, Navy and Air Force. The SC has recognised the fact that since women officers were not being considered for PC, the inputs to derive the merits of the women officers have not been done properly because the reporting officers were not conscious of the fact that these Annual Confidential Reports and other credentials would be used for consideration of PC for the women officers… In the Army, the SC has already found that the women officers have been subjected to systemic discrimination through the cases of Babita Punia and Nitisha… The SC clearly held that all those officers who have completed 60% of qualifying service and were clear from the PC and vigilance angle will be considered and granted PC. The officers who have been victims of systemic discrimination will be permitted to serve for 20 years and will be given a pension on completion of 20 years… In the Air Force’s case, the consideration denied earlier was based on a 2019 policy in which the inputs that were taken into consideration were those that women officers could not have earned during their service. As a result, they were denied PC. Both the male and female officers have been granted consideration for PC or pension… The same goes with the Navy because it was also following a policy of no PC to either men or women… They have also been considered for PC… “

ANI

39,804 просмотров • 3 месяцев назад

Details of the renegotiated agreement between the Federal Government of Nigeria and ASUU - 40% salary increase for academic staff - Improved pension benefits: Professors to earn pension equivalent to their annual salary at retirement (age 70) - Better university funding model with dedicated allocations for research, libraries, labs, equipment, and staff development - Proposed National Research Council (NRC) to fund research with at least 1% of Nigeria’s GDP - Stronger university autonomy & academic freedom - Elected academic leadership (Deans/Provosts), with only professors eligible - No victimization of anyone involved in the struggle during the course of drafting the new agreement. - Agreement to take effect from January 1, 2026, and will be reviewed after 3 years. Another promise made, Another promise kept. “This marks a turning point for Nigeria’s education system” - Minister of Education Dr. Tunji Alausa
2:06

Details of the renegotiated agreement between the Federal Government of Nigeria and ASUU - 40% salary increase for academic staff - Improved pension benefits: Professors to earn pension equivalent to their annual salary at retirement (age 70) - Better university funding model with dedicated allocations for research, libraries, labs, equipment, and staff development - Proposed National Research Council (NRC) to fund research with at least 1% of Nigeria’s GDP - Stronger university autonomy & academic freedom - Elected academic leadership (Deans/Provosts), with only professors eligible - No victimization of anyone involved in the struggle during the course of drafting the new agreement. - Agreement to take effect from January 1, 2026, and will be reviewed after 3 years. Another promise made, Another promise kept. “This marks a turning point for Nigeria’s education system” - Minister of Education Dr. Tunji Alausa

Daddy D.O🇳🇬

120,726 просмотров • 6 месяцев назад

Posting this today while hopefully some you are still with your nans for the bank holiday and can explain it to them. We can replace the triple lock with a double lock, increasing pensions by the higher of inflation or wage growth. Pensioners will still more than keep pace with working people. They are currently racing ahead of them, their earnings increasing faster than those of working people. The 2.5% floor is arbitrary, invented by the Lib Dems in the same manifesto that promised to scrap tuition fees, then adopted by the Tories as a bribe to pensioner voters. The reality is that we can’t target investment and support if arbitrary amount of public money is distributed to all people of pension age regardless of need (and yes, contribution). It has no logic… it will keep boosting pensions faster than the rest of the economy indefinitely, with no ceiling. I am a socialist but the triple lock is just a bribe to dependable voters.
1:16

Posting this today while hopefully some you are still with your nans for the bank holiday and can explain it to them. We can replace the triple lock with a double lock, increasing pensions by the higher of inflation or wage growth. Pensioners will still more than keep pace with working people. They are currently racing ahead of them, their earnings increasing faster than those of working people. The 2.5% floor is arbitrary, invented by the Lib Dems in the same manifesto that promised to scrap tuition fees, then adopted by the Tories as a bribe to pensioner voters. The reality is that we can’t target investment and support if arbitrary amount of public money is distributed to all people of pension age regardless of need (and yes, contribution). It has no logic… it will keep boosting pensions faster than the rest of the economy indefinitely, with no ceiling. I am a socialist but the triple lock is just a bribe to dependable voters.

Stella Tsantekidou

23,701 просмотров • 3 месяцев назад

Hillhouse Capital, a firm with strong Chinese ties through its founder Zhang Lei, is on the verge of acquiring IGIS Asset Management, South Korea’s largest real estate fund manager handling $52 billion in assets. IGIS oversees public pension funds and holds sensitive data on major infrastructure and property holdings across the country. The deal has drawn attention after Korean insurers, including Hyeungkuk Life, submitted higher bids but were sidelined following additional bidding rounds conducted by Morgan Stanley and Goldman Sachs. The transaction raises important questions about foreign influence over critical domestic assets. South Korea’s real estate and pension system are vital to national economic stability and retirement security for millions of citizens. When a major fund with links to a geopolitical rival gains control of such assets, it touches on broader concerns regarding economic sovereignty and the protection of public funds. In an era of increasing cross-border investment and geopolitical tension, how nations safeguard strategic domestic assets directly affects public trust and long-term economic independence. Do you believe foreign acquisitions of key financial institutions like IGIS should face stricter national security reviews, or should market principles take priority?
1:03

Hillhouse Capital, a firm with strong Chinese ties through its founder Zhang Lei, is on the verge of acquiring IGIS Asset Management, South Korea’s largest real estate fund manager handling $52 billion in assets. IGIS oversees public pension funds and holds sensitive data on major infrastructure and property holdings across the country. The deal has drawn attention after Korean insurers, including Hyeungkuk Life, submitted higher bids but were sidelined following additional bidding rounds conducted by Morgan Stanley and Goldman Sachs. The transaction raises important questions about foreign influence over critical domestic assets. South Korea’s real estate and pension system are vital to national economic stability and retirement security for millions of citizens. When a major fund with links to a geopolitical rival gains control of such assets, it touches on broader concerns regarding economic sovereignty and the protection of public funds. In an era of increasing cross-border investment and geopolitical tension, how nations safeguard strategic domestic assets directly affects public trust and long-term economic independence. Do you believe foreign acquisitions of key financial institutions like IGIS should face stricter national security reviews, or should market principles take priority?

The Monarch Report

37,263 просмотров • 3 месяцев назад

Catherine Austin Fitts: "You think DOD is going to say, 'Oh, guess what, nobody gets any retirement. We stole [$20 trillion of taxpayer money]...&...sent it to Basel, Switzerland'?" "The pandemic was a military operation...implemented by the people who stole the $20 trillion." This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts ), is taken from an interview with Dr. Jane Ruby (DR JANE RUBY™️) posted to The Dr. Jane Ruby Rumble channel today, June 18, 2025. For reference, Fitts is describing how she and MSU professor Mark Skidmore discovered that the Department of Defense has stolen at least $20+ TRILLION of U.S. taxpayer money. (That number was as of 2015, and it is likely much larger now.) Fitts notes that the DOD was also in charge of "the pandemic" here in the U.S. and that COVID—including the supposed "vaccines" for the disease (see full interview)—have been used to lower life expectancy in order to avoid a reckoning regarding Americans' missing pension money. ----------------Partial transcription of clip--------------- "The moment they started the financial coup, they started to implement policies that made life expectancy go down. Because if you can't balance the budget by putting more funding behind the retirement system, the only way you can balance the— Well, you can, you can extend retirement, the date of retirement, or you can lower life expectancy, or both. But that's— You have to— if the population and the Congress refuse to do the financially responsible thing, then your only other choice is to is to lower life expectancy. "He [Mark Skidmore] was like, I don't understand what you're talking about. So when the pandemic hit, I knew exactly what it was. Because if the pandemic was a military operation, it is being implemented by the people who stole the $20 trillion. "Do you really think that DOD is going to say, 'Oh, guess what, nobody gets any retirement. We stole all the money... and we sent it to Basel, Switzerland'? Or wherever they've got a stockpile, or we sent it offshore, we send it wherever the money went, whatever it funded. "The American people, if you're the President of the United States, every day, every week, the primary dealers working with the New York Fed go out and borrow money. So they sell treasury bonds and treasury bills to your IRAs and your retirement accounts and your pension funds. Okay. So I sell a treasury bond to a pension fund. And so you work all your life, you put your cash in your pension fund. The pension fund buys a Treasury bond, the money goes into treasury, the bank account at the New York Fed for Treasury. And then it disappears out the back door. "When Dr. Skidmore documented and published a study in 2017 that 21 trillion was missing, the outstanding debt of the United States at that moment was 21 trillion. The balance sheet. So do we have too much debt or do we have a bank robbery? "But here's the thing. As a citizen now, my pension fund is not an asset, it's an IOU for myself as a taxpayer. So I've put cash into my pension fund, and my cash has been converted to an IOU that I owe myself as a taxpayer, without your consent. Because the bonds have a call on all of our assets. "If you're the Department of Defense, do you really want to tell somebody, oh, you know, we disappeared 20 trillion of your money, and so, you know, so the question is, how do you manage that situation? Anyway, so, yeah, you know, if DOD stole your money, I think it was, you know, that money disappeared out of DoD accounts at the New York Fed...."
3:43

Catherine Austin Fitts: "You think DOD is going to say, 'Oh, guess what, nobody gets any retirement. We stole [$20 trillion of taxpayer money]...&...sent it to Basel, Switzerland'?" "The pandemic was a military operation...implemented by the people who stole the $20 trillion." This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts ), is taken from an interview with Dr. Jane Ruby (DR JANE RUBY™️) posted to The Dr. Jane Ruby Rumble channel today, June 18, 2025. For reference, Fitts is describing how she and MSU professor Mark Skidmore discovered that the Department of Defense has stolen at least $20+ TRILLION of U.S. taxpayer money. (That number was as of 2015, and it is likely much larger now.) Fitts notes that the DOD was also in charge of "the pandemic" here in the U.S. and that COVID—including the supposed "vaccines" for the disease (see full interview)—have been used to lower life expectancy in order to avoid a reckoning regarding Americans' missing pension money. ----------------Partial transcription of clip--------------- "The moment they started the financial coup, they started to implement policies that made life expectancy go down. Because if you can't balance the budget by putting more funding behind the retirement system, the only way you can balance the— Well, you can, you can extend retirement, the date of retirement, or you can lower life expectancy, or both. But that's— You have to— if the population and the Congress refuse to do the financially responsible thing, then your only other choice is to is to lower life expectancy. "He [Mark Skidmore] was like, I don't understand what you're talking about. So when the pandemic hit, I knew exactly what it was. Because if the pandemic was a military operation, it is being implemented by the people who stole the $20 trillion. "Do you really think that DOD is going to say, 'Oh, guess what, nobody gets any retirement. We stole all the money... and we sent it to Basel, Switzerland'? Or wherever they've got a stockpile, or we sent it offshore, we send it wherever the money went, whatever it funded. "The American people, if you're the President of the United States, every day, every week, the primary dealers working with the New York Fed go out and borrow money. So they sell treasury bonds and treasury bills to your IRAs and your retirement accounts and your pension funds. Okay. So I sell a treasury bond to a pension fund. And so you work all your life, you put your cash in your pension fund. The pension fund buys a Treasury bond, the money goes into treasury, the bank account at the New York Fed for Treasury. And then it disappears out the back door. "When Dr. Skidmore documented and published a study in 2017 that 21 trillion was missing, the outstanding debt of the United States at that moment was 21 trillion. The balance sheet. So do we have too much debt or do we have a bank robbery? "But here's the thing. As a citizen now, my pension fund is not an asset, it's an IOU for myself as a taxpayer. So I've put cash into my pension fund, and my cash has been converted to an IOU that I owe myself as a taxpayer, without your consent. Because the bonds have a call on all of our assets. "If you're the Department of Defense, do you really want to tell somebody, oh, you know, we disappeared 20 trillion of your money, and so, you know, so the question is, how do you manage that situation? Anyway, so, yeah, you know, if DOD stole your money, I think it was, you know, that money disappeared out of DoD accounts at the New York Fed...."

Sense Receptor

151,758 просмотров • 1 год назад

𝐏𝐌𝐉𝐃𝐘, 𝐀 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 𝐟𝐫𝐨𝐦 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧 𝐭𝐨 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐃𝐢𝐠𝐧𝐢𝐭𝐲! Hon’ble PM Shri Narendra Modi ji launched the Pradhan Mantri Jan Dhan Yojana (PMJDY) 11 years ago with the vision of ensuring financial inclusion for every Indian household. Since then, PMJDY has transformed India’s financial landscape by bringing banking, credit, insurance, and pension within everyone’s reach. Today, PMJDY has over 56 crore accounts, of which more than 56% are held by women, and two out of every three are in rural and semi-urban areas. PMJDY is the story of financial empowerment, eliminating fake beneficiaries, removing middlemen, delivering government benefits directly to citizens, empowering women with financial independence & connecting villages to the economic mainstream. Let us celebrate 11 years of trust, empowerment, and financial dignity! #11YearsOfJanDhan
1:11

𝐏𝐌𝐉𝐃𝐘, 𝐀 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 𝐟𝐫𝐨𝐦 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧 𝐭𝐨 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐃𝐢𝐠𝐧𝐢𝐭𝐲! Hon’ble PM Shri Narendra Modi ji launched the Pradhan Mantri Jan Dhan Yojana (PMJDY) 11 years ago with the vision of ensuring financial inclusion for every Indian household. Since then, PMJDY has transformed India’s financial landscape by bringing banking, credit, insurance, and pension within everyone’s reach. Today, PMJDY has over 56 crore accounts, of which more than 56% are held by women, and two out of every three are in rural and semi-urban areas. PMJDY is the story of financial empowerment, eliminating fake beneficiaries, removing middlemen, delivering government benefits directly to citizens, empowering women with financial independence & connecting villages to the economic mainstream. Let us celebrate 11 years of trust, empowerment, and financial dignity! #11YearsOfJanDhan

G Kishan Reddy

11,087 просмотров • 10 месяцев назад

Chicago can’t tax its way out of this. That ship has already sailed. How do we know? Because its tax base is already leaving. And it's not just Chicago residents. The city has lost four corporate headquarters in the last few years alone. The truth that no one in Springfield or City Hall will say out loud: When a pension fund goes insolvent, courts can’t order money that doesn’t exist to be paid to retirees. Either Illinois and Chicago's political leaders find the spine to stand up to public sector unions for the sake of the state and city as a whole. Or jeopardize the future retirement security of today's public servants by continuing to exchange unkeepable promises for votes.
1:06

Chicago can’t tax its way out of this. That ship has already sailed. How do we know? Because its tax base is already leaving. And it's not just Chicago residents. The city has lost four corporate headquarters in the last few years alone. The truth that no one in Springfield or City Hall will say out loud: When a pension fund goes insolvent, courts can’t order money that doesn’t exist to be paid to retirees. Either Illinois and Chicago's political leaders find the spine to stand up to public sector unions for the sake of the state and city as a whole. Or jeopardize the future retirement security of today's public servants by continuing to exchange unkeepable promises for votes.

Illinois Policy

17,004 просмотров • 7 месяцев назад

“White supremacy has infiltrated the Black community with a narrative that Palestine don’t got nothing to do with us. And that’s a lie from the pit of hell.” Community organizer Erica Nanton explains how police repression on the south side of Chicago is connected to the genocide in Palestine. Nanton spoke as part of a press conference following a hearing on HB2723, an Illinois bill that seeks to repeal the 2015 anti-BDS bill signed by then-Governor Bruce Rauner. That law made it illegal for pensions to invest in companies that boycott Israel, effectively holding companies hostage to doing business with Israel under the threat of losing hundreds of millions of dollars in pension investments.
1:21

“White supremacy has infiltrated the Black community with a narrative that Palestine don’t got nothing to do with us. And that’s a lie from the pit of hell.” Community organizer Erica Nanton explains how police repression on the south side of Chicago is connected to the genocide in Palestine. Nanton spoke as part of a press conference following a hearing on HB2723, an Illinois bill that seeks to repeal the 2015 anti-BDS bill signed by then-Governor Bruce Rauner. That law made it illegal for pensions to invest in companies that boycott Israel, effectively holding companies hostage to doing business with Israel under the threat of losing hundreds of millions of dollars in pension investments.

BreakThrough News

25,944 просмотров • 2 месяцев назад

Surreal exchange with Sunak Janet Street-Porter, "Why do you hate pensioners? That's the only conclusion I can come to as a result of the spring budget" Janet Street-Porter "You lowered National Insurance by 4p.. Big deal.. Pensioners don't pay NI.. Then you froze the tax threshold.. So yes you gave us more pension, but that leaves a gap of only £1,000 before the basic average pension to the threshold to paid tax" "So many pensioners are living in poverty, around 2,000,000. Most are living in private rental accommodation.. So there's an argument that pensioners have come our worse" *Rishi Sunak is smirking as she says this* "Worse under the Tories, worse under you. As a pensioner, what I see is are pensioners who would like to take extra jobs to make ends meet, to buy little treats, to go out once a month, to put petrol in the car" *Rishi Sunak takes a sip from his mug* "But if they earn any money. More than £1,000 a year, and go above that threshold, they're going to be paying tax. Now does that seem right?" Rishi Sunak, "So, Janet, I care deeply about pensioners.. It's really important to me personally.. It was a Conservative government that introduced the triple lock" Janet Street Porter, "I'm not criticising that" Rishi Sunak, "We've protected the triple lock.. That means the state pension has gone up by £900" Janet Street Porter, "I know, but so has the cost of basic living.. You have supplied pension credit, but, there's so many people never claimed them" Rishi Sunak, "All pensioners recieved double their winter fuel payments.. State pension has gone up by £900, far greater than inflation and price rises.. About that pensioner who wants to earn that little bit extra, they don't pay National Insurance.. So they aren't paying tax on that work" Janet Street Porter, "Well they are.." *Rishi Sunak talks over her so she cant repeat the point she just made about earning above the threshold and having to pay tax*
3:03

Surreal exchange with Sunak Janet Street-Porter, "Why do you hate pensioners? That's the only conclusion I can come to as a result of the spring budget" Janet Street-Porter "You lowered National Insurance by 4p.. Big deal.. Pensioners don't pay NI.. Then you froze the tax threshold.. So yes you gave us more pension, but that leaves a gap of only £1,000 before the basic average pension to the threshold to paid tax" "So many pensioners are living in poverty, around 2,000,000. Most are living in private rental accommodation.. So there's an argument that pensioners have come our worse" *Rishi Sunak is smirking as she says this* "Worse under the Tories, worse under you. As a pensioner, what I see is are pensioners who would like to take extra jobs to make ends meet, to buy little treats, to go out once a month, to put petrol in the car" *Rishi Sunak takes a sip from his mug* "But if they earn any money. More than £1,000 a year, and go above that threshold, they're going to be paying tax. Now does that seem right?" Rishi Sunak, "So, Janet, I care deeply about pensioners.. It's really important to me personally.. It was a Conservative government that introduced the triple lock" Janet Street Porter, "I'm not criticising that" Rishi Sunak, "We've protected the triple lock.. That means the state pension has gone up by £900" Janet Street Porter, "I know, but so has the cost of basic living.. You have supplied pension credit, but, there's so many people never claimed them" Rishi Sunak, "All pensioners recieved double their winter fuel payments.. State pension has gone up by £900, far greater than inflation and price rises.. About that pensioner who wants to earn that little bit extra, they don't pay National Insurance.. So they aren't paying tax on that work" Janet Street Porter, "Well they are.." *Rishi Sunak talks over her so she cant repeat the point she just made about earning above the threshold and having to pay tax*

Farrukh

1,107,165 просмотров • 2 лет назад

As the mechanism for staking $vITLG to receive $ITL approaches, winning strategies and models are being developed to maximize accumulated assets and their value. One winning model I will apply in my first migration will be shared with the community shortly. This model ensures users receive a steady monthly income for 180 months while optimizing the conversion rate from $vITLG to $ITL. Specifically: Assuming the $vITLG balance I receive in my first migration is A. 50% of this balance will be locked for 5 years and vested for 120 months to maximize monthly benefits starting from the 5th year onwards. The remaining 50%, let's call it B, will be allocated as follows: B/2 will be locked for 0 years and vested for 24 months. B/4 will be locked for 1 year and vested for 24 months. B/8 will be locked for 2 years and vested for 48 months. B/16 will be locked for 3 years and vested for 60 months. The remaining B will be locked for 4 years and vested for 84 months. In this way, the $ITL balance you receive monthly will progressively increase over time, while in the initial phase you can still own $ITL to experience the ecosystem. This solution provides you with a tool for distributing $ITL monthly for 15 years with a maximized rate. Of course, this is just the first migration; in the future, the system will implement further migrations. If you apply this distribution model, the amount of $ITL you receive monthly will gradually increase over time, along with the value of $ITL as the network grows. The above is a strategy for designing a passive income stream linked to the system's growth. Of course, you can lock in 100% for 5 years to optimize profits. This is not considered financial advice; please consider carefully before making your decision. Have a great weekend. #Interlink #ITL #ITLG
0:27

As the mechanism for staking $vITLG to receive $ITL approaches, winning strategies and models are being developed to maximize accumulated assets and their value. One winning model I will apply in my first migration will be shared with the community shortly. This model ensures users receive a steady monthly income for 180 months while optimizing the conversion rate from $vITLG to $ITL. Specifically: Assuming the $vITLG balance I receive in my first migration is A. 50% of this balance will be locked for 5 years and vested for 120 months to maximize monthly benefits starting from the 5th year onwards. The remaining 50%, let's call it B, will be allocated as follows: B/2 will be locked for 0 years and vested for 24 months. B/4 will be locked for 1 year and vested for 24 months. B/8 will be locked for 2 years and vested for 48 months. B/16 will be locked for 3 years and vested for 60 months. The remaining B will be locked for 4 years and vested for 84 months. In this way, the $ITL balance you receive monthly will progressively increase over time, while in the initial phase you can still own $ITL to experience the ecosystem. This solution provides you with a tool for distributing $ITL monthly for 15 years with a maximized rate. Of course, this is just the first migration; in the future, the system will implement further migrations. If you apply this distribution model, the amount of $ITL you receive monthly will gradually increase over time, along with the value of $ITL as the network grows. The above is a strategy for designing a passive income stream linked to the system's growth. Of course, you can lock in 100% for 5 years to optimize profits. This is not considered financial advice; please consider carefully before making your decision. Have a great weekend. #Interlink #ITL #ITLG

Vyx Interlink

24,822 просмотров • 1 месяц назад