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Debunking the common myths about retirement

Debunking the common myths about retirement
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Enwealth Financial Services , Strathmore University , Retirement Benefits Authority , General Well Being , Enwealth Personal Pension , ஸ்ட்ராத்மோர் பல்கலைக்கழகம் , ஓய்வு நன்மைகள் அதிகாரம் , ஜநரல் நன்றாக இருப்பது ,

Gaming workers' gratuity - Newspaper


The end of service gratuity, a statutory right of employees and a defined retirement benefit, is being gamed by some employers in Pakistan. Workers are made to resign one month before the end of the company’s financial year and immediately re-employed with effect from the start of the next financial year. Because gratuity is a multiple of one’s salary and years of service, it is paid to the workers annually and not as a lump sum at the natural end of the employment. This controversial practise that exploits the legal loopholes is against the spirit of gratuity.
The employees stand to lose because when gratuity is paid at the natural end of service, it is likely to be greater due to reasons such as increment and promotion. Add to it that a lump sum could be used for a variety of purposes, such as starting a small business. Employees resigning and getting immediately reappointed every year is of course a farce. ....

United Kingdom , Gulf Cooperation Council , United Kingdom Or Retirement Benefits Authority , Commercial Establishments , Standing Orders , Khyber Pakhtunkhwa Shops , Establishments Act , Pensions Regulator , Retirement Benefits Authority , ஒன்றுபட்டது கிஂக்டம் , வளைகுடா ஒத்துழைப்பு சபை , வணிகரீதியானது நிறுவனங்கள் , நின்று ஆர்டர்ஸ் , கைபர் பக்துங்க்வ கடைகள் , நிறுவனங்கள் நாடகம் , ஓய்வூதியங்கள் சீராக்கி , ஓய்வு நன்மைகள் அதிகாரம் ,

Pension firm banks on tech to weather Covid-19 storm


FINANCIAL STANDARD
From left, Liaison Group Managing Director Tom Mulwa and Group Head Pensions Michael Mitau (right) demonstrates the new Pensions Management System that is set to transform the user experience, to Retirement Benefits Authority (RBA) CEO Nzomo Mutuku during trustees management forum on the value of proposition of technology in the Future of pensions. [David Njaaga, Standard].
As the economy continues to shrug off the economic effects occasioned by the coronavirus pandemic, the pension sector is looking to capitalise on digitisation.
The Liason Group, one of the major players in the sector, plans to digitise all its operations as it seeks to grow post-pandemic. ....

Nairobi Area , Bitange Ndemo , Mike Mitai , Nzomo Mutuku , Tom Mulwa , Liason Group , Retirement Benefits Authority , University Of Nairobi , Liason Head , Pension Mike , Managing Director Tom Mulwa , Prof Bitange Ndemo , Benefits Authority , Chief Executive Nzomo Mutuku , நைரோபி பரப்பளவு , பொய்யர் குழு , ஓய்வு நன்மைகள் அதிகாரம் , பல்கலைக்கழகம் ஆஃப் நைரோபி , நன்மைகள் அதிகாரம் ,