Under the bill, the old age pension
increase would cover veterans of World War II, the Korean War, and the Vietnam War, provided that the veterans of last two wars are not receiving pension from the Armed Forces of the Philippines.
The motion, tabled by Ghanzi North MP Mr Noah Salakae, requested government 'to consider encouraging willing financially able beneficiaries of the Old Age Pension
Scheme to opt out if they feel they do not need it to enable government to deal with the current social living expense.'
They recalled that the federal government had announced in its last budget that Rs5,000 monthly pension would be paid to workers who had attained the age of 60 years as old age pension
but regretted that the government had failed to keep its word.
This meant that both employer and employee paid a reduced level of National Insurance, but built up just the basic old age pension
, with an alternative pension elsewhere.
"We" still need to bear down hard on the deficit, so departments need to find another PS25bn of cuts, half of it from the welfare bill, but presumably not the old age pension
part of it.
Punjab government fixes fake old age pension
racket by legalising it
We need to preserve the old age pension
. The next meeting is on July 27, from 11am-1pm at Jack Jones House, Islington, Liverpool.
The Main Findings of the ad-hoc module are the FOLLOWING: (A) 89 , 8% of the persons aged 50-69 receive old age pension
from social insurance and / or pension from government / semi government / local government or social pension, 3,2% receive old age pension
from an occupational old age pension
scheme, 2 , 8 receive old age pension
from a personal old age pension
scheme eg through life-insurance companies while 7,0% receive widow's pension and 6,2% disability / invalidity pension.
THE RHYME OF THE ANCIENT OBSOLETE I'm not the youngest person, that's for sure My old age pension
is the next think I'll procure I have the body of an invalid, but the brain of a athlete I'm sure I could run the mile, if I didn't have these feet I've even played for City in a surreal daydream When I was up at Highfield Road selling ice-cream It's hard to raise a flag when you're flagging Although I'm fit, I'm only fit for sagging Nowadays my hopes and dreams wait to be cast My one and only crime is living in the past.
Politicians should try to survive on an old age pension
, not for a couple of days or weeks but for a minimum of one year and then deliberate on pension levels.
Baldwin Spencer, 'Old Age Pension
Schemes: A Criticism and a Program', The Quarterly Journal of Economics, vol.