Yesterday there was a big news all over the media regarding payment of higher pension to eligible employees. Can someone please clarify this in simple plain English? Who is it applicable to? Is it meant for the employees who retired before 01/09/2014? How does it affect the employers, if any?
Kindly throw some light please.
Regards,
Ravi
From India, Hyderabad
In order to comply with the law, you need accurate information. Failure to comply with the new regulations could cost your company dearly, so it will be much cheaper to seek legal advice and get it right first time.
From Australia, Melbourne