“If somebody has contributed at a higher wage at that point of time in 2014 and wants to get into the EPS 1995 Scheme, then with the present calculation, if he is retiring at a wage of say Rs 1 lakh, he will get a pension of Rs 50,000. So that way, the pension will increase sizeably. He will get a very good pension with the present guidelines.”
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend