Public pensions - PowerPoint PPT Presentation


Overview of Government Employees Pension Fund (GEPF) in South Africa

Africa's largest pension fund, GEPF was established in 1996, with over 1.2 million members and assets under management. It provides pensions and related benefits to government employees in South Africa, managing investments and administering payouts. The fund's governance involves a Board of Trustee

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PRSI, Welfare, and Pension Presentation at Galway University

Brendan Casey, a PRSI Consultant, conducted a presentation at Galway University on behalf of Cornmarket Group Financial Services. The presentation covered three principal categories of Public Servants based on their employment dates and entitlements to pensions under PRSI. It also highlighted import

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Understanding Pensions in Lloyds Banking Group

Pensions in Lloyds Banking Group offer tax-efficient ways of saving for colleagues' long-term futures through Defined Contribution and Defined Benefit schemes. The schemes are set up under trust to separate them from the employer and obtain tax reliefs. Trustees hold and administer assets for the be

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Importance of Public Sector Auditing in Enhancing Accountability and Governance

The Auditor-General of South Africa plays a critical role in strengthening democracy through auditing public sector institutions. Public sector auditing ensures compliance, performance evaluation, and governance transparency, ultimately building public confidence. Key stakeholders include government

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India Alliance Clinical & Public Health fellowship in India

India Alliance Clinical & Public Health fellowship in India\n\nIndia Alliance Clinical and Public Health Research Fellowships are for Health researchers with an MD, MS, MPH, or an equivalent clinical or public health degree, who can apply for the DBT\/Wellcome Trust India Alliance Clinical and Publi

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Understanding Household Income: Sources, Types, and Management

Explore Chapter 2 on household income to learn about sources like wages, pensions, and benefits, differentiate between regular and irregular income, understand why taxes are necessary, interpret payslips, calculate gross and net income, manage deductions, and create an effective income plan.

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Understanding Tax Obligations and Assessable Income in Australia

In Australia, residents are taxed on worldwide income while non-residents are taxed only on Australian-sourced income. The tax liability is calculated based on taxable income, tax offsets, other liabilities like Medicare levy, and PAYG credits. Assessable income includes employment income, super pen

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Capacity Building Webinar on Retirement Benefits: Module 2 - Defined Benefit Pension

Chitra Jayasimha and speakers like Kishore Singh and Jayesh D. Pandit will lead a webinar on Defined Benefit Pension focusing on government sector pensions, actuarial aspects, and calculations. Chitra, with vast experience in actuaries and benefit consulting, brings knowledge from various countries.

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Introduction to Public Key Cryptography

Public key cryptography, exemplified by algorithms like Diffie-Hellman and RSA, revolutionizes secure communication by allowing users to encrypt messages with public keys known to all and decrypt them with private keys known only to the intended recipient. This advanced encryption method ensures sec

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Comparative Analysis of Municipal Services in Public Sector Evolution

Explore the evolution and role of public services in the municipal sector through a comparative analysis presented in a block seminar by Prof. István Hoffman. Delve into the general theory of public services, the traditional and changing approaches of public administration, and government expenditu

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J&K Government Schemes for Women Empowerment

Explore various J&K government schemes aimed at empowering women, including pensions for old age women, support for pregnant and lactating mothers, financial assistance for girl children, vocational training programs, and youth startup initiatives. Learn about eligibility criteria and how to apply f

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Understanding Railway Pension System in Indian Railways

The Indian Railways Institute of Financial Management provides insights into the railway pension system, covering contributory and non-contributory pension schemes. Indian Railway employees enjoy benefits similar to Central Government employees, with pensions managed under specific rules and regulat

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Enhancing Public Health Workforce for COVID-19 Response Grant Program

This cooperative agreement aims to strengthen public health departments by expanding staff, hiring school nurses, and developing public health leaders. It includes major goals like creating a Public Health AmeriCorps and modernizing the public health workforce. The grant terms specify funding distri

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Comprehensive Guide to Fire Pensions for Tier 1 Participants Hired Before January 1, 2011

Explore the essential aspects of fire pensions for Tier 1 participants hired before January 1, 2011, including definitions, salary considerations, pension formulas, and increases. Discover how pensions, along with social security and personal savings, form the cornerstone of retirement planning for

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Understanding Judicial Review in Suing Public Authorities

Judicial review is the inherent right of courts to review decision-making processes of public bodies. It allows for challenging and analyzing decisions, granting public law remedies like declaration, certiorari, mandamus, prohibition, and quo warranto. Those adversely affected by public duty actions

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Understanding Police Pensions for Tier 2 Members Hired After January 1, 2011

Explore the key aspects of police pensions for Tier 2 members hired after January 1, 2011, including the three legs of retirement, the definition of a pension, salary considerations, pension formulas, retirement age options, and pension increase details. Gain insights into the Illinois Article 3 pen

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Exploring Public Integrity and Ethics in Civil Service

This module on public integrity and ethics delves into key instruments for strengthening ethical practices in public organizations, challenges faced, analyzing codes of ethics, and managing integrity risks. The agenda includes activities like structured ethical reflection, understanding public value

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Understanding Police Pensions: Article 3 Overview for Tier I Members

Dive into the world of police pensions for Tier I members hired before January 1, 2011. Learn about the three pillars of retirement income, the definition of pensions, salary considerations, pension formulas based on years of service, retirement age criteria, and how pension increases are calculated

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Understanding Public Procurement Processes and the Public Procurement Act of 2007

Public procurement involves the systematic acquisition of goods, works, and services using public funds through a fair and transparent process. The Public Procurement Act of 2007 outlines the procedures for procurement, ensuring value for money, efficiency, and equity. This process aims to instill p

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Understanding Indiana's Open Door Law: Public Access and Governance

The Indiana Open Door Law ensures transparency in public agency actions by requiring open meetings unless exempted. The Public Access Counselor provides guidance on public access laws, emphasizing the importance of public information accessibility. Meetings under the law must be open to the public,

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Reshaping Workplace Pensions - Defined Ambition Consultation Summary

The Defined Ambition Industry Working Group, set up by the Pensions Minister in 2012, aims to reshape workplace pensions for future generations. The consultation paper explores new forms of pension schemes, emphasizing shared risks between employers and workers. As defined benefit schemes decline, d

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Social Security System in Senegal: An Overview

Senegal has developed a comprehensive social security system since its independence, with the ratification of ILO's 102 conventions. The system covers various branches such as medical care, old-age benefits, and family allowances, managed by different bodies for civil servants and non-civil servants

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Understanding the Role of Public Health Practitioners in London's Workforce Development

Public Health Practitioners (PHPs) play a crucial role in implementing and delivering public health services, programs, and interventions. They focus on promoting health and wellbeing within communities, addressing health inequalities, and protecting the public from environmental hazards. Learn abou

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Understanding Public Goods in Higher Education

This text delves into the concept of public goods in higher education, examining the distinctions between public and private forms, the economic and political dimensions, and the normative value of public goods. It discusses the economic definition of public goods, emphasizing their non-rivalrous an

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Understanding GASB OPEB Changes in Public Sector Health Care Benefits

GASB has introduced new standards for OPEB plans, similar to GASB 67/68 for pensions. The changes impact reporting and liabilities, requiring a blended discount rate and Entry Age Normal method. Employers must now carry the Net OPEB Liability on their balance sheets and provide extensive disclosures

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Understanding New Jersey's Open Public Meetings Act (OPMA)

This presentation outlines the Open Public Meetings Act (OPMA) in New Jersey, emphasizing the importance of public access to government meetings and decision-making processes. Sen. Byron M. Baer's Sunshine Law ensures transparency and democracy by allowing the public to attend and observe public bod

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London Borough of Barking & Dagenham Pensions Committee Induction Training Overview

The London Borough of Barking & Dagenham's Pensions Committee Induction Training provides an in-depth look at the Local Government Pension Scheme (LGPS) in England and Wales. It covers the scheme's nature, governance roles, responsibilities of committee members, and the importance of training. The L

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Risk-Based Funding Policy Overview for Public Pension Strategies

Risk-Based Funding Policy entails innovative strategies for public pensions, focusing on Contribution Surplus Accounts, Cost and Amortization Methods, Asset Management, and Risk Adjustment. It involves a detailed process including risk matrix analysis, investment policies, and plan design considerat

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Enhancing Public Services through Open Government Partnership in Georgia

The National Agency of State Property in Georgia, in partnership with the Open Government Partnership (OGP) and supported by the United Nations Development Programme (UNDP), has undertaken a project to improve transparency, accountability, and citizen engagement in public services. The 2014-2015 Act

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Ensuring Transparency in Public Governance: The Brown Act and Public Records Act

This content emphasizes the importance of transparency in public governance by discussing key laws such as the Brown Act and Public Records Act. It highlights the necessity for public officials to conduct business transparently, allowing the public to monitor and participate in decision-making proce

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Understanding the Role of Public Opinion in the Political Process

The political process involves the interaction of public opinion, interest groups, and political parties. Public opinion, shaped by factors like media and socialization, influences government actions. This chapter discusses the significance of public opinion, its formation, and measurement through p

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Overview of Public Procurement System in Lithuania

The public procurement system in Lithuania is governed by various laws and regulations, covering different sectors such as concessions, defense/security, utilities, and classical sector. The system includes procedures for different monetary value procurements, including international, simplified, an

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Region IV Public Health Training Center Overview

The Region IV Public Health Training Center (PHTC) is dedicated to strengthening the competence of the public health workforce in HHS Region IV. It provides professional development opportunities for both current and future public health professionals through training programs, field placements, and

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History of Public Health Insurance in the US: Understanding Federal Expenditure Before 1900

Explore the historical development of public health insurance in the US, focusing on federal expenditure before 1900. Topics covered include Civil War implications, Freedmen's Bureau, pensions, mutual aid organizations, and early welfare states. The narrative delves into the Civil War era, internal

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Understanding Public Services in Modern Democracies

Public services play a crucial role in modern democracies, encompassing a wide range of essential services provided by the government to its citizens. These services, whether directly provided or publicly financed, are integral to ensuring equal access and upholding fundamental human rights. Public

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Evolution of Public Policy: From Seeds Sown in 1940s to Academic Discipline in Social Science

The lives of citizens are shaped by public policies, often unnoticed. The analysis of current public policy in America carries a unique 20th-century essence. Beginning in the 1940s, these policy seeds have profoundly influenced government and academic institutions. By the early 1950s, public policy

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2024: A Time of Change - The Future of Housing Benefit in Windsor & Maidenhead

In 2024, significant changes are expected in the housing benefit landscape, with an emphasis on welfare reform, Universal Credit expansion, and large-scale benefit changes. The Department for Work and Pensions (DWP) is implementing initiatives to support low-income families and individuals, offering

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Estimating Pensions in MINT: Data Sources and Projections

This document discusses the Model of Income in the Near Term (MINT) microsimulation data system, detailing its projections on income, assets, taxes, and demographic characteristics for birth cohorts up to 2099. It explores data sources such as the Survey of Income and Program Participation (SIPP), S

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Insight into Pension System in Finland - Analysis 2024

Comprehensive analysis of pension income distribution, taxation, and pension types in Finland for 2024, highlighting the determination of earnings-related pensions, national pensions, and taxation for employees and pensioners. The report by Suvi Ritola and Samuli Tuominen from the Finnish Centre for

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Highlights from California Actuarial Advisory Panel's Joint Committee Hearing on January 10, 2018

The joint committee hearing on January 10, 2018, discussed the role and accomplishments of the California Actuarial Advisory Panel (CAAP) in providing impartial information on pensions and postemployment benefits to public agencies. The CAAP's work includes historical models, funding policies, and r

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