Discover and read the best of Twitter Threads about #Pension

Most recents (20)

12 New Bills are listed for introduction in #MonsoonSession of #Parliament
These are:
1. Multi-State Co-operative Societies Amendment Bill- to rationalize Govt role & members participation in working of multi-state co-op societies
2. Bilateral Netting of #Financial Contracts Bill
3. Factoring Regulation (Amendment) Bill - to allow #NBFCs, other than NBFC-Factors to undertake Factoring business as well

4. #Pension Fund Regulatory & Devl Authority (Amendment) Bill - Separation of #NPS Trust from #PFRDA, and to provide for #UniversalPension coverage
5. Nat'l Commission for Allied & Healthcare Professionals Bill - set up Central and State Council

6. Assisted #Reproductive Technology (Regulation) Bill - regulation, supervision of ART Clinic, Banks

7. J&K Official language Bill- for language to be used for official purpose
Read 5 tweets
1. "Die #Renten sind sicher!" sagte Norbert Blüm, oder eher lügte Norbert Blüm - Ein THREAD:
Einige #Betriebsrenten kürzen gerade massiv ihre Renten, dazu gehören die BR der
- Die Caritas
- Die Deutsche #SteuerberaterVersicherung

#Panorama #PanoramaGate
2. Es gibt in #Deutschland 135 #Pensionskassen, mit 11 Millionen Mitgliedern - 36 Kassen stehen bei der #BAFIN unter "verschärfter Beobachtung" = Jede vierte Pensionskasse hat finanzielle Probleme (meist durch 2 Ursachen: #NullZinsen seit fast 2008 und Menschen leben länger).
3. Es gibt in #Deutschland 3 mögliche "Renten-Säulen":
- Die #Gesetzliche (über mehr Schultern verteilt, sehr konservativ gemanaged)
- Die #Private (auch Opfer der #NullZins-Politik) und
- Die #Betriebliche (kommt jetzt immer stärker unter Druck)

#Renten #Pension
Read 16 tweets
For a virus that presents "few to no symptoms" for the majority, "U.S. Orders Up to 600 Million Doses of #Pfizer, BioNTech Covid #Vaccine" (Bloomberg).…

So let's take a look at Pfizer.
"Pfizer is a publicly-traded global pharma corp.headquartered in NYC. Its revenues reached $52.5 billion in 2017. #Pfizer makes Advil, Xanax, #DepoProvera, Neosporin, #Lyrica & Dimetapp. Pfizer manufacturers more than 350 different pharmaceuticals & operates in 180 countries.
Pfizer's Lyrica, the new vallium, linked to depression, anxiety & suicide, now top pain medication on PBS. #Pregabalin #Addiction. Addicts of #hydromorphone (#Opioid) (Pfizer) have found a new addiction w/ #Lyrica. Capsules are opened, crushed & snorted.…
Read 40 tweets
Daily Bookmarks to GAVNet 6/22/2020-2…

Why The Stock Market Doesn’t Make Any Sense…

#SFI #StockMarket
Swiss National COVID-19 Science Task Force: Nextstrain

#coronavirus #COVID19 #strain
PSERS can't choose between Vanguard funds and hedge funds…

#pension #Hedge #StockMarket #funds
Read 3 tweets
@ajaishukla should explain what is his relationship with #NehruGandhi Family Loyalist Suman Dubey & Obsessive Modi Hater Arun Shourie. How was he benefited by #UPA2 when he was given a Program on @DDNewslive(run on taxpayers money). Has he stopped taking #Pension from Indian Army
Who asked him to float #ConspiracyTheory that #Pulwama was a ‘Inside Job’ by PM @narendramodi. Col.(retd) Ajai Shukla (retd) had also claimed that ‘Pakistan Army & ISI carried out the attack to get Modi re-elected’ as Modi in power. At whose behest was it done? Rahul Gandhi?
Col. Ajai Shukla (retd) had made bizarre statements that the Indian Air Force “diluted” the specifications for trainer aircraft perhaps to favour a particular vendor, #Pilatus. Was it to delay the Modernisation Attempts of Indian Air Force?
Read 8 tweets
Recently,there's been huge outcry over #Cessation of 7.75% #RBI #taxablebonds,that were issued in Jan2018,with 7yr maturity

Outcry is unjustified

#Repo rate is 4% now,lowest in last 20 yrs,to benefit borrowers

Its only practical to see realignment
of lending rate&savings rate!
For those in tax bracket of 30%,return is 5.4%,while for those in lowest bracket of 10%,post-tax return is 6.97%

Those in 30% bracket but with 5Cr+ invested,get post tax return of 4.4%

#Cessation means no fresh subscribers;Existing investors dont need to redeem till maturity!
Those alleging,#SeniorCitizens will get adversely affected by #Cessation of these bonds,are wrong

Senior citizens can invest in #VayaVandanaYojana,with 10 yr lock-in,at 7.4%;This scheme was to expire on 31stMarch2020,but has been renewed for another 3yrs by @narendramodi gov👍
Read 6 tweets
top FDs : ET Image
top FDs for senior citizens: ET Image
Top tax saving FDs: ET Image
Read 7 tweets
1/ THINK TODAY'S CARNAGE is oil+#coronavirus? It isn't. It's abt balance sheets. And no one is even talking abt the carnage to corp balance sheets from #pension liabilities given huge drop in long-term interest rates--the avg corp pension liability just went up ~20% & funding...
2/ ...pmts are coming due shortly for many. They will go up bc int rates plunged--a hit to free cash flow. Pick @Boeing as just one of many examples. Guess what--it had NEGATIVE $8.3bn of shareholder equity at 12/31/19, caused by its big pension deficit. Here's a screenshot:
3/ Its total pension liab was $77.6bn at 12/31/19, using a discount rate of 3.3%. The drop in AA-corp bond yields (which set the disct rate) since 12/31/19 has been HUGE (guesstimate it's 1% & guess the pension liab has a ~10yr duration, so the pension liab is now ~10% higher).
Read 9 tweets
Det är svårt att föreställa sig om det som sker i Kina. Uppenbarligen samlar de in dissidenter. All internet trafik är spärrad utom de källor som kommer via den kinesiska staten. Det som pågår i Kina angående #Coronavirus är en krigshandling av främmande makt.
Det här viruset är
gjord av människan. Ryssland, Indien, Taiwan vet att viruset innehåller HIV.

Därmed är skiten tillverkad av människan. Det sägs att den slår hårdare mot kinesiska män än mot andra raser, vilket betyder att denna "attack" kommer ej från deras egna led.

Fortsättning följer.
Russian scientists believe America created the Wuhan coronavirus to sabotage China… via @Dimsum Daily
Read 292 tweets
Direct tax proposes a new optional #tax regime optional for taxpayers.
Under the new tax regime – tax rates are as follows
Up to 5 lakhs – 0%
5 lakhs to 7.5 Lakhs – 10%
7.5 Lakhs to 10 Lakhs – 15%
10 Lakhs – 12.5 Lakhs – 20%
12.5 Lakhs to 15 Lakhs – 25%
More than 15 Lakhs – 30%
DDT has been removed. #DDT will be taxed in the hands of individuals at their slab rate. With DDT scrapping, govt lets go of Rs 25,000 crore revenue.
Audit Turnover threshold has been increased from Rs. 1 crore to Rs. 5 crores. #Budget2020
Read 10 tweets
از ژانویه امسال، کسورات صندوق بازنشستگی کانادا -CPP- از ۵.۱٪ به ۵.۲۵٪ افزایش می‌یابد (سهم کارگر).

بدین ترتیب، جمع کسورات صندوق بازنشستگی- شامل سهم کارفرما- از حقوق واجد شرایط بازنشستگی، از میزان ۱۰.۲٪ به ۱۰.۵٪ افزایش یافته.

CPP: Canada Pension Plan…
صندوق بازنشستگی کانادا به تدریج توسعه می‌یابد. کسورات بالاتر می‌رود و در مقابل، مزایای بازنشستگی نیز افزایش می‌یابد.

سال ۲۰۱۹ حداکثر شروع پرداخت حق بازنشستگی صندوق بازنشستگی کانادا به افراد ۶۵ سال به بالا، ماهی ۱٫۱۵۵ دلار و میانگین پرداختی ماهی ۶۷۹ دلار بود.
کسورات بازنشستگی تا ۲۰۲۳ بالا می‌رود تا سهم کارگر و کارفرما به ۵.۹۵٪ برسد که می‌شود ۱۱.۹٪ درآمد مشمول بازنشستگی.

پرداختی بازنشستگی یک‌چهارم میانگین درآمد دوران کاری شاغلان را پوشش می‌دهد.

با این تغییرات دریافتی دوران بازنشستگی به یک‌سوم میانگین درآمد دوران کار شاغلان می‌رسد
Read 4 tweets
A detailed #thread on the important #schemes launched by Sri #NarendraModi led #BJP Govt.

Sri @narendramodi ji has launched many #welfare schemes. These #schemes varies from welfare of #Farmers, #housewives, #labourers, #students to small #shopkeepers etc.
@PMOIndia @BJP4India
1. PM-KISAN: This scheme promises to pay all poor #farmers (small and marginal farmers having lands up to 2 hectares) Rs 6,000 each every year in 3 installments through Direct #Bank Transfer. It would reportedly benefit around 14.5 crore farmers all over #India.
2. Pradhan Mantri #Kisan Pension Yojana: To address the problems of farm sector distress, the Modi 2.0 Cabinet has approved a proposal to provide small and marginal #farmers with a minimum Rs 3,000 per #month fixed #pension, costing Rs 10,774.5 crore per annum to the exchequer.
Read 33 tweets
What explains Canadian Pension Funds' risky bets in India?

Pension Funds are custodians of retrial money of public and hence are expected to be conservative. Canadian Pension Funds, however, are different. Thread 1/11
These Pension Funds are not shy of picking up assets in the troubled sectors. Real Estate and Infrastructure assets are key bets of these funds in India. They have invested in roads, airports, solar energy, commercial real-estate and other perceptibly riskier assets. 2/11
As per Financial Post, the Canadian Pension Funds '...rank as five of the top 30 global real estate investors, seven of the world’s biggest international infrastructure investors, and were at the table during six of the top 100 leveraged buyouts in corporate history. ' 3/11
Read 17 tweets
20 things Every Nigerian Employees should know about the #PensionScheme
The Pension Reform Act (PRA) set rules&standards for the payments of retirement benefits to ensure that every person who worked in either Public Service&private sector @TutuAbbey @AbdulMahmud01 @monye_morris
in the Federation, FCT, States,Local Governments or the Private Sector receives his retirement benefits as and when due; and assist improvident individuals by ensuring that they save in order to cater for their livelihood during old age.
1. The PRA establishes a Contributory #PensionScheme for public and private sector employees

2. Contributory pension applies to private companies with over 15 workers.

3. The Employer and the employee contribute a percentage of the employees’ salary to the scheme every month.
Read 16 tweets
This thread will list down the 75 reasons why everyone should vote for @narendramodi and @BJP4India

Thanks to @muglikar_ and @IndiaPeCharcha for coming up with these brilliant 1 minute videos.

My effort here is to list all the 75 reasons in a single thread
#Reason1 - @BJP4India MPs work for you.

👉 #Attendance #DiscussBills
👉#PassLaw #75ReasonsToVoteForModi #PhirEkBaarModiSarkaar

#1MinuteTalk by @muglikar_ and @IndiaPeCharcha -

#Reason2 - Electricity for All

👉 100% Rural Electrification #DeendayalGramJyotiYojana
👉 Electrification of 100% households #Saubhagya

@PiyushGoyal @grameenvidyut

#75ReasonsToVoteForModi #PhirEkBaarModiSarkaar

#1MinuteTalk @muglikar_
Read 76 tweets
#Panel discussion on "What is the new normal for #CESEE?"
@wiiw_news #wiiwSpringSeminar
Vizek: "Very strong public sector, lot of informal economy. Croatia experienced slow growth before, so new normal not really new. But political willingness to reform very low."
Zubovic: positive trends in #Serbia: - rapid #growth in #IT sector over last 3/4 years w/ 3% to 6% share of GDP - Huge Chinese #investments, but with #externalities - Macroeconomic #stability, no fiscal #deficit anymore - foreign #debt declining - Substantial growth of #GDP
Read 14 tweets
#Löger ist ein Lobbyist privater #Pensionsversicherungen. Was er über das staatliche #Pensionssystem sagt ist schlicht falsch. Österreich kann es sich gut leisten, Menschen nach 40 Jahren Arbeit ihre #Pension auszuzahlen. Aber Löger will ein Millionengeschäft für Versicherungen.
Etwa 6 Prozent der staatlichen Ausgaben fließen in die Pensionen. Die Beiträge der Versicherten decken die Pensions-Auszahlungen immer besser. Für den Zeitraum 2016 bis 2020 werden vom Staat insgesamt 4 Milliarden weniger für das Pensionssystem ausgegeben als erwartet.
Misst man die staatlichen Ausgaben am BIP, zeigt sich: Der Anteil bleibt in den nächsten Jahren stabil – obwohl die Zahl der Personen, die ins Pensionsalter kommen, steigt.
Read 6 tweets
Performance of @narendramodi ji 🙏

👉No of un-electrified villages - Zero

👉Length of #RuralRoads -1,93,524 km

👉 Beneficiaries under #PMJDY - 34,03,00,000

👉#LEDs distributed under Ujala -

👉#LPG connection under Ujala -

👉Amount of #GST collected till Dec18
-1,61,16,92,00,00,000 ₹

👉Subscribers Under Atal #pension -1,24,00,000

👉Gram Panchayat Connect #opticalfibre -1,23,489

👉#DBT -₹59,88,13,30,00,000

👉Children Vaccinated under Misson #Indradhanush -3,37,000(2/6)

👉Loans sanctioned under #MudraYojana -15,59,30,035

👉Houses completed under #PMAY -

👉No of #Farmers registered on e-NAM -1,40,00,000

👉Total no of free treatment under #AyushmanBharat-9,93,103

👉Open defecation Free #villages- 5,48,452(3/6)

Read 7 tweets
Thanks a lot to everyone for all the support, encouragement and love we have received over the order allowing us to file IT-Returns without #Aadhar. I'm really glad we got lucky with a progressive bench that agreed to give relief to everyone instead of making it just about us.
This case has received more than it's share of attention in both print and social media. While I am definitely grateful, I would like to re-iterate that it is a part of a much larger struggle started and sustained by many activists and movements and needs to be seen as such.
The fight against #Aadhar cannot be selectively highlighted when privileged communities are affected (similar attention was received when the #privacy judgment was received and when deadlines for linking PAN, bank account and phone numbers were indefinitely extended)
Read 6 tweets
I have received responses from #USS regarding the role of the joint expert panel in relation to the 2017 #USS #pension review.

Questions and answers to follow.

Q: What is the fallback position for #USS on the 2017 valuation if the joint expert panel does not reach agreement?

A: The trustee must look to follow its duties under scheme rules and the law (cont)

A: (cont) and with its fiduciary duties as soon as reasonably possible. The trustee has recently completed a robust, independent and considered valuation, in which it has full confidence and which - absent new material evidence - is the basis for the next steps. (cont)

Read 8 tweets

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