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Within the next three months, we will deliver two promises at once. Retirement Security Beyond Income: - Pencare Health Initiative: Healthcare for retirees, with 30,000 retirees in the free health insurance pilot - scaling nationwide. - Minimum Pension Guarantee: No pensioner left behind, with a guaranteed income floor for...

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Daddy D.O🇳🇬

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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 Aufrufe • vor 2 Monaten

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 20% additional increases in monthly pensions and lump-sum payments following the clearance of outstanding pension obligations. - Retirement benefit approvals now completed within 48 hours, significantly improving service delivery for retirees. - Pension compliance has risen by 28% in just two years, driven by stronger enforcement, mandatory pension clearance across the pension ecosystem, collaboration with the EFCC and ICPC, and plans for a Presidential Executive Order to further strengthen compliance.
2:42

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 20% additional increases in monthly pensions and lump-sum payments following the clearance of outstanding pension obligations. - Retirement benefit approvals now completed within 48 hours, significantly improving service delivery for retirees. - Pension compliance has risen by 28% in just two years, driven by stronger enforcement, mandatory pension clearance across the pension ecosystem, collaboration with the EFCC and ICPC, and plans for a Presidential Executive Order to further strengthen compliance.

Daddy D.O🇳🇬

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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🇳🇬

21,929 Aufrufe • vor 2 Monaten

₹3,000 #SocialSecurityPension; The government will realize the promises made to the people. The increase in social security pension to ₹3,000 is part of our #IndiraGuarantees programme and will be implemented at the earliest. Within a month of assuming office, we fulfilled two key guarantees — free travel for women in KSRTC buses and the creation of a separate department for elderly welfare. Social security pension is also among our guarantees, and we are determined to deliver it without delay. Unlike the previous government, which increased the pension to ₹2,500 only after 4 years and 9 months and on the eve of the Assembly elections, this government will keep its word and fulfil the promises made to the people. #IndiraGuarantees #KeralaBudget. #UdfGovernment Congress Kerala
1:17

₹3,000 #SocialSecurityPension; The government will realize the promises made to the people. The increase in social security pension to ₹3,000 is part of our #IndiraGuarantees programme and will be implemented at the earliest. Within a month of assuming office, we fulfilled two key guarantees — free travel for women in KSRTC buses and the creation of a separate department for elderly welfare. Social security pension is also among our guarantees, and we are determined to deliver it without delay. Unlike the previous government, which increased the pension to ₹2,500 only after 4 years and 9 months and on the eve of the Assembly elections, this government will keep its word and fulfil the promises made to the people. #IndiraGuarantees #KeralaBudget. #UdfGovernment Congress Kerala

V D Satheesan

11,045 Aufrufe • vor 3 Monaten

In addition to the New Income Tax Bill, we are bringing certain amendments in the Income Tax Act of 1961. Major amendments are: - Give tax exemption on dividend, interest, and long-term capital gains to sovereign wealth funds and pension funds investing in infrastructure between 01.04.2020 and 31.03.2030, subject to notification. The Public Investment Fund (PIF) and its wholly owned subsidiaries will be named directly in the section for exemption. - Abatement of all assessments for block periods in search cases until block assessment order. It will be a major reform for Ease of Doing Business. - Providing clarity for the new Income Tax regime, where standard deduction of Rs. 75,000 will be clarified for salaried individuals. - Fourth is related to Unified Pension Scheme (UPS) to clear the confusion on deduction, and bring parity with NPS. The above 4 changes are for the Income Tax Act 1961, but these have also been incorporated in the New Income Tax Bill. - Smt Nirmala Sitharaman in Rajya Sabha.
3:03

In addition to the New Income Tax Bill, we are bringing certain amendments in the Income Tax Act of 1961. Major amendments are: - Give tax exemption on dividend, interest, and long-term capital gains to sovereign wealth funds and pension funds investing in infrastructure between 01.04.2020 and 31.03.2030, subject to notification. The Public Investment Fund (PIF) and its wholly owned subsidiaries will be named directly in the section for exemption. - Abatement of all assessments for block periods in search cases until block assessment order. It will be a major reform for Ease of Doing Business. - Providing clarity for the new Income Tax regime, where standard deduction of Rs. 75,000 will be clarified for salaried individuals. - Fourth is related to Unified Pension Scheme (UPS) to clear the confusion on deduction, and bring parity with NPS. The above 4 changes are for the Income Tax Act 1961, but these have also been incorporated in the New Income Tax Bill. - Smt Nirmala Sitharaman in Rajya Sabha.

Nirmala Sitharaman Office

15,718 Aufrufe • vor 1 Jahr

Left: Jeremy Hunt, "£100,000 a year doesn't go as far as you might think" Right: Jeremy Hunt, "There are 1,000,000 pensioners whose only income is from the state.. The full new state pension is £221 a week (£10,608 a year)" UK Pensioners will earn 1/10 of the income level which Jeremy Hunt says 'doesn't go as far as you might think' £844 - UK's state pension £1,412 - Norway's state pension £1,564 - France's state pension £1,651 - Denmark's state pension £1,893 - Iceland's state pension £2,148 - Switzerland's state pension £2,698 - Belgium's state pension £2,709 - Spain's state pension £5,201 - Luxembourg's state pension Brexit Britain's world-beating state pension 🤷‍♂️ "977,386 over 66 years old were experiencing deprivation. The highest number since comparable records began. Deprivation measures: whether they had access to basic goods and services, including substantial meals, heating and electricity, a home that was in a good state of repair, and contact with friends and family at least once a month"
0:42

Left: Jeremy Hunt, "£100,000 a year doesn't go as far as you might think" Right: Jeremy Hunt, "There are 1,000,000 pensioners whose only income is from the state.. The full new state pension is £221 a week (£10,608 a year)" UK Pensioners will earn 1/10 of the income level which Jeremy Hunt says 'doesn't go as far as you might think' £844 - UK's state pension £1,412 - Norway's state pension £1,564 - France's state pension £1,651 - Denmark's state pension £1,893 - Iceland's state pension £2,148 - Switzerland's state pension £2,698 - Belgium's state pension £2,709 - Spain's state pension £5,201 - Luxembourg's state pension Brexit Britain's world-beating state pension 🤷‍♂️ "977,386 over 66 years old were experiencing deprivation. The highest number since comparable records began. Deprivation measures: whether they had access to basic goods and services, including substantial meals, heating and electricity, a home that was in a good state of repair, and contact with friends and family at least once a month"

Farrukh

407,253 Aufrufe • vor 2 Jahren

I was proud to sign the legislation we brought forward today for the first above‑inflation uplift in over a decade to the Minimum Income Guarantee. This will support around 150,000 working‑age adults with the cost of living, helping them keep at least £400 more each year.
0:21

I was proud to sign the legislation we brought forward today for the first above‑inflation uplift in over a decade to the Minimum Income Guarantee. This will support around 150,000 working‑age adults with the cost of living, helping them keep at least £400 more each year.

Stephen Kinnock

14,230 Aufrufe • vor 7 Monaten

The Congress has 5 Indira guarantees. ✅ Free KSRTC bus travel for women ✅ ₹1,000 a month as financial support for college-going girls ✅ Increase welfare pension to ₹3,000 ✅ The Oommen Chandy Health Insurance Scheme with coverage of ₹25 lakh per family ✅ Interest-free loans of up to ₹5 lakh for youth ✅ A special department for senior citizens We have implemented such schemes wherever our government is in power. 📍 Kozhikode, Keralam
5:48

The Congress has 5 Indira guarantees. ✅ Free KSRTC bus travel for women ✅ ₹1,000 a month as financial support for college-going girls ✅ Increase welfare pension to ₹3,000 ✅ The Oommen Chandy Health Insurance Scheme with coverage of ₹25 lakh per family ✅ Interest-free loans of up to ₹5 lakh for youth ✅ A special department for senior citizens We have implemented such schemes wherever our government is in power. 📍 Kozhikode, Keralam

Mallikarjun Kharge

88,893 Aufrufe • vor 6 Monaten

Honouring Senior Citizens with the Vay Vandana Card! Hon. Prime Minister Shri Narendra Modi ji launched on the Vay Vandana Card last October. As an extension of AB-PMJAY, it ensures dignified and accessible healthcare for every senior citizen in India irrespective. With ₹5 lakh health insurance and no income limit of the beneficiary, it offers free consultations, diagnostics, and hospital care across all districts. A powerful step towards inclusive, respectful, and compassionate public health, empowering senior citizens with the care they truly deserve. #11YearsofGaribKalyan #VayVandanaCard #AyushmanBharat
0:35

Honouring Senior Citizens with the Vay Vandana Card! Hon. Prime Minister Shri Narendra Modi ji launched on the Vay Vandana Card last October. As an extension of AB-PMJAY, it ensures dignified and accessible healthcare for every senior citizen in India irrespective. With ₹5 lakh health insurance and no income limit of the beneficiary, it offers free consultations, diagnostics, and hospital care across all districts. A powerful step towards inclusive, respectful, and compassionate public health, empowering senior citizens with the care they truly deserve. #11YearsofGaribKalyan #VayVandanaCard #AyushmanBharat

Jagat Prakash Nadda

18,620 Aufrufe • vor 1 Jahr

American says she’s desperate, her health insurance is going from $170 per month to over $1,000 per month Barack Obama destroyed our healthcare with the Affordable Care Act “I am pretty desperate — We are experiencing the health insurance crisis as a family — Our insurance for a small family of three, a very low insurance plan as well.” “Our insurance is going to be $1,000 a month and we have another baby on the way so I don't even want to know what it's going to be once we add him to the insurance plan.”
2:07

American says she’s desperate, her health insurance is going from $170 per month to over $1,000 per month Barack Obama destroyed our healthcare with the Affordable Care Act “I am pretty desperate — We are experiencing the health insurance crisis as a family — Our insurance for a small family of three, a very low insurance plan as well.” “Our insurance is going to be $1,000 a month and we have another baby on the way so I don't even want to know what it's going to be once we add him to the insurance plan.”

Wall Street Apes

44,530 Aufrufe • vor 9 Monaten

In our latest Solutions That Scale, we caught up with SEWA Cooperative Federation, the largest women’s union in India (3.7M+ workers). SEWA uses Algorand to secure and verify essential documents for women workers via a digital health passport, giving them full autonomy over records spanning healthcare, childcare, insurance, pension, and housing. 5,500+ women have already accessed it.
6:34

In our latest Solutions That Scale, we caught up with SEWA Cooperative Federation, the largest women’s union in India (3.7M+ workers). SEWA uses Algorand to secure and verify essential documents for women workers via a digital health passport, giving them full autonomy over records spanning healthcare, childcare, insurance, pension, and housing. 5,500+ women have already accessed it.

Algorand Foundation

79,271 Aufrufe • vor 5 Monaten

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

55,551 Aufrufe • vor 1 Jahr

Gary Stevenson, This was the country that introduced the proportional income, the, the progressive income tax" "Didn't exist. We did it here in this country, and look at what we did. Look at what we achieved" "Listen, my grandmother was born here in this city in the 1920s, in the richest city, in the richest country in the history of the world, and three of her siblings died of tuberculosis" "That is what happens when you don't deal with your inequality" "Surrounded by desperate poverty. And in the course of her lifetime, just one lifetime, we moved from that kind of country where ordinary hardworking people see their kids die of poverty" "To the world that my dad grew up in, where he worked for the post office for thirty-five years, bought a house, had a pension, had a retirement, had three kids, financial security, good quality education, good quality healthcare, good quality housing" "We did that in the course of one woman's lifetime with no historical precedent of it ever happening before" "So don't tell me it's impossible"
1:05

Gary Stevenson, This was the country that introduced the proportional income, the, the progressive income tax" "Didn't exist. We did it here in this country, and look at what we did. Look at what we achieved" "Listen, my grandmother was born here in this city in the 1920s, in the richest city, in the richest country in the history of the world, and three of her siblings died of tuberculosis" "That is what happens when you don't deal with your inequality" "Surrounded by desperate poverty. And in the course of her lifetime, just one lifetime, we moved from that kind of country where ordinary hardworking people see their kids die of poverty" "To the world that my dad grew up in, where he worked for the post office for thirty-five years, bought a house, had a pension, had a retirement, had three kids, financial security, good quality education, good quality healthcare, good quality housing" "We did that in the course of one woman's lifetime with no historical precedent of it ever happening before" "So don't tell me it's impossible"

Farrukh

44,537 Aufrufe • vor 4 Monaten

🚨 “THE HEALTH INSURANCE INDUSTRY IS AN ABSOLUTE SHAM.” “I pay $1,500 a month for health insurance and my wife’s life-saving surgery still cost $3,000.” A married man with three kids just blew the lid off America’s healthcare system. He pays $1,500 every month ($18,000 a year) for coverage that still hits every family member with a $6,000 copay. “If all five of us go to the hospital, that’s $30,000, on top of the $18,000 I already pay.” “With insurance, my wife’s surgery was $3,000. Without it, $120.” He’s paying more to have insurance than he would to pay cash. This isn’t healthcare, it’s daylight robbery. How is this even legal?
1:57

🚨 “THE HEALTH INSURANCE INDUSTRY IS AN ABSOLUTE SHAM.” “I pay $1,500 a month for health insurance and my wife’s life-saving surgery still cost $3,000.” A married man with three kids just blew the lid off America’s healthcare system. He pays $1,500 every month ($18,000 a year) for coverage that still hits every family member with a $6,000 copay. “If all five of us go to the hospital, that’s $30,000, on top of the $18,000 I already pay.” “With insurance, my wife’s surgery was $3,000. Without it, $120.” He’s paying more to have insurance than he would to pay cash. This isn’t healthcare, it’s daylight robbery. How is this even legal?

HustleBitch

35,238 Aufrufe • vor 11 Monaten

When a soldier guards our borders, he does not calculate his sacrifice in tax slabs. He spends Diwali in a bunker. Eid on the border. Misses family milestones. And sometimes he loses a part of his body in service of the nation. That disability pension is not income. It is compensation for a wound carried for life. Yet under the Budget 2026 provisions, whether that pension is taxed or not depends on when the soldier retired. Not on the injury he suffered or the sacrifice he made. Two soldiers. One wound. Two tax rules. Soldier A gets injured and leaves the Army — his disability pension is tax-free. Soldier B gets injured but continues serving the nation — his disability pension will be taxed Same injury. Same sacrifice. But the one who served longer is punished more. A soldier doesn’t calculate sacrifice in tax slabs. You can tax income. You cannot tax sacrifice.
2:58

When a soldier guards our borders, he does not calculate his sacrifice in tax slabs. He spends Diwali in a bunker. Eid on the border. Misses family milestones. And sometimes he loses a part of his body in service of the nation. That disability pension is not income. It is compensation for a wound carried for life. Yet under the Budget 2026 provisions, whether that pension is taxed or not depends on when the soldier retired. Not on the injury he suffered or the sacrifice he made. Two soldiers. One wound. Two tax rules. Soldier A gets injured and leaves the Army — his disability pension is tax-free. Soldier B gets injured but continues serving the nation — his disability pension will be taxed Same injury. Same sacrifice. But the one who served longer is punished more. A soldier doesn’t calculate sacrifice in tax slabs. You can tax income. You cannot tax sacrifice.

Raghav Chadha

161,410 Aufrufe • vor 6 Monaten

The Congress alliance government in Puducherry will be built on guarantees that support the people: •⁠ ⁠₹2000/month support for unemployed youth •⁠ ⁠30,000 new jobs in public & private sectors •⁠ ⁠Free bus travel for women •⁠ ⁠Govt job age limit relaxed up to 40 years •⁠ ⁠₹20 lakh health insurance for every family These aren’t empty promises - they’re the foundation of dignity and security. Let’s build a Puducherry together that truly reflects the voice of its people.
1:16

The Congress alliance government in Puducherry will be built on guarantees that support the people: •⁠ ⁠₹2000/month support for unemployed youth •⁠ ⁠30,000 new jobs in public & private sectors •⁠ ⁠Free bus travel for women •⁠ ⁠Govt job age limit relaxed up to 40 years •⁠ ⁠₹20 lakh health insurance for every family These aren’t empty promises - they’re the foundation of dignity and security. Let’s build a Puducherry together that truly reflects the voice of its people.

Rahul Gandhi

204,707 Aufrufe • vor 6 Monaten

#WATCH | Delhi: Working President, All India Bank Officers' Confederation, Delhi, Shiv Shankar Singh says, "The UFBU (United Forum of Bank Unions) has called for a strike on September 28, 29, and 30. All our bank branches across India... One key demand is the implementation of a five-day work week. This was agreed upon during the last wage settlement signed on March 8, 2024, involving the IBA (Indian Banks' Association) and our representatives; it was supposed to be implemented after that, but it hasn't happened to date... We believe the Old Pension Scheme is better... Under the old scheme, we have security for the future; even after retirement or our passing, our wives and families would receive benefits. That provision is missing from the New Pension Scheme... Our main demands include income tax exemption on the additional 4% contribution made by banks to the NPS, an increase in the gratuity ceiling under the Gratuity Act, pension updation, uniform DA on pensions, and a revision of the ex-gratia payment for pensioners effective from November 2022..."
4:50

#WATCH | Delhi: Working President, All India Bank Officers' Confederation, Delhi, Shiv Shankar Singh says, "The UFBU (United Forum of Bank Unions) has called for a strike on September 28, 29, and 30. All our bank branches across India... One key demand is the implementation of a five-day work week. This was agreed upon during the last wage settlement signed on March 8, 2024, involving the IBA (Indian Banks' Association) and our representatives; it was supposed to be implemented after that, but it hasn't happened to date... We believe the Old Pension Scheme is better... Under the old scheme, we have security for the future; even after retirement or our passing, our wives and families would receive benefits. That provision is missing from the New Pension Scheme... Our main demands include income tax exemption on the additional 4% contribution made by banks to the NPS, an increase in the gratuity ceiling under the Gratuity Act, pension updation, uniform DA on pensions, and a revision of the ex-gratia payment for pensioners effective from November 2022..."

ANI

37,730 Aufrufe • vor 14 Tagen