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An eye to the future: what will become of the DB pension actuary?

Does the demise of DB mean a dystopia for pensions actuaries? Is the clock ticking on careers? Or is it less Orwell, more all well? Mark Williams presents his vision ....

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EPS-95: Pensioners threaten hunger strike over insufficient pensions; Demand Rs 7,500 minimum monthly pension

Pensioners covered by the Employees Pension Scheme 1995 (EPS-95) are planning a hunger strike to demand an increase in their minimum monthly pension to Rs 7,500, up from the current Rs 1,000 set in September 2014. Despite assurances from the Union Labour Minister, discontent remains, prompting the National Agitation Committee to announce a second indefinite hunger strike at Jantar Mantar in New Delhi. Over 50,000 pensioners may join the protest if their demands are not met by January 31, with dissatisfaction arising from the perceived inadequacy of the current pension structure. The EPFO manages the concerns of 78 lakh pensioners in the country, facing a significant challenge as the agitation gains momentum. ....

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