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James Evans & Associates (JEA) Ltd Launches Enterprise Software Solution


James Evans & Associates (JEA) Ltd Launches Enterprise Software Solution
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VICTORIA, BC, March 16, 2021 /PRNewswire/ - James Evans & Associates (JEA) Ltd, a leading Canadian pension solutions company, is pleased to announce the successful launch of a modern enterprise software solution for the Public Employees Benefits Agency (PEBA), a branch of the Government of Saskatchewan s Ministry of Finance.
Leveraging JEA s suite of configurable products, PEBA members, employers and administrators benefit from a fully integrated pension administration system.  Anchored by JEA s PENFAX 5 administrative software, this most recent phase of the solution is for the Public Employees Pension Plan (PEPP), the largest defined contribution (DC) plan in Canada.  The solution also offers online digital services for members and employers by leveraging JEA s online service portals which include PENWEB 5 and Data Capture Tool 5 (D ....

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Parl panel raps labour ministry for non-optimal use of funds | India News


NEW DELHI: A parliamentary panel has asked the labour ministry to look into the reasons for not being able to ensure optimal utilisation of funds made available during the coronavirus-induced pandemic. The report of the Parliamentary Standing Committee on Labour on the Demands for Grants for 2021-22 was tabled in Lok Sabha on Tuesday.
The panel said though the ministry’s expenditure for the current fiscal was bumped up on account of the newly-launched Pradhan Mantri Gareeb Kalyan Yojana (PMGKY), the government could only spend about 52.8% of the funds till February 15.
The report also said two new schemes, the PMGKY and Aatmanirbhar Bharat Rojgar Yojana (ABRY) were launched with the intention to cater to the needs of people during the pandemic and emphasised that the ministry must make “accurate budgetary estimates” before seeking supplementary allocations. ....

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epfo | pension scheme: Raising minimum monthly pension under Employees' Pension Scheme of EPFO not financially viable: Govt


Synopsis
“It is not possible to increase the minimum monthly pension amount without compromising the financial viability of the scheme and additional budgetary support,” labour minister Santosh Kumar Gangwar said in response to a question in Rajya Sabha.
Agencies
Labour minister Gangwar said as per section 141 of the Code on Social Security, 2020, the central government shall establish a Social Security Fund for social security and welfare of the unorganised workers, gig workers and platform workers.
The government on Wednesday said raising the minimum monthly pension under the Employees’ Pension Scheme, 1995 of the Employees’ Provident Fund Organisation will compromise the financial viability of the scheme while putting an additional burden on the exchequer. ....

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