As of July 1, the minimum old-age pension
was raised to BGN 219 and the maximum amount a pensioner can receive, regardless of the insurance contributions, is BGN 1200.
11164 on December 20, 2018 that increased the monthly old-age pension
of Filipino veterans who fought in World War II, Korean and Vietnam wars.
Under the bill, government workers aged 56 may file for retirement and be entitled to old-age pension
for life from the GSIS.
He said yesterday: "They tax you on your old-age pension
if you start earning.
Summary: Bhubaneshwar (Odisha) [India], Jan 19 (ANI): Chief Minister Naveen Patnaik on Saturday announced a hike in the monthly pension amount for senior citizens in Odisha, under the "Madhu Babu Pension Yojana" scheme, raising the total number of old-age pension
beneficiaries in the state to to 48 lakh.
The old-age pension
of World War II (WWII) veterans will be P20,000 in January, up from the P5,000 monthly pension they had been receiving in previous years.
Duterte signs work from home, higher pension for war veterans bills into law !-- -- Alexis Romero (philstar.com) - January 10, 2019 - 7:12pm MANILA, Philippines President Rodrigo Duterte has signed into law measures allowing employees to work from home and increasing the monthly old-age pension
of war veterans.
An official source told reporter here on Wednesday that EOBI schemes insured persons who are entitled to avail benefit like, Old-Age Pension
(on the event of retirement), Invalidity Pension (In case of permanent disability), Old-Age Grant (an Insured Person attained superannuation age, but does not posses the minimum threshold for pension) Survivor's Pension (in case an Insured Person is expired).
The main reason for such rising old-age pension
spending is population ageing and declining fertility rates that result in a larger ratio of retirees to workers.
According to the official source, an amount of Rs 10,400 million has been disbursed among 231,638 beneficiaries under Old-Age Pension
Scheme of EOBI.
Basic pension now cannot be less than the minimum old-age pension
, approved by the presidential decree.