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  2. Non-Government Teacher Employee Retirement Benefit Board

    en.wikipedia.org/wiki/Non-Government_Teacher...

    Non-Government Employee Retirement Benefits Board was established in 2002 to provide and manage the pensions of non government teachers. [2] After retirement teachers receive welfare and retirement benefit from the board. According to the rules of the board teachers retire at 60 and can start receiving their benefits.

  3. Nonfarm payrolls - Wikipedia

    en.wikipedia.org/wiki/Nonfarm_payrolls

    Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. Approximately 80% of the workforce is accounted for nonfarm payrolls [1] and it excludes farm workers, private household employees, actively serving military or non-profit organization employees. Approximately 131,000 businesses and ...

  4. Non-government Teachers and Employees Welfare Trust

    en.wikipedia.org/wiki/Non-government_Teachers...

    Non-government Teachers and Employees Welfare Trust was established through the passage of Non-Government Educational Institutions (Teachers and Employees) Welfare Trust Act in 1990. It started operations from 1 July 1990 but stopped operations from 1991 to 1997 when it restarted operations.

  5. Lockstep compensation - Wikipedia

    en.wikipedia.org/wiki/Lockstep_compensation

    Lockstep compensation is a system of remuneration in which employees' salaries are based purely on their seniority within the organization. For example, in the legal profession, where this system is most commonly found, all law school graduates hired by a law firm who graduated in the same year receive the same base pay regardless of background ...

  6. One-dollar salary - Wikipedia

    en.wikipedia.org/wiki/One-dollar_salary

    A number of top executives in large businesses and governments have worked for a one-dollar salary. [1] [2] [3] One-dollar salaries are used in situations where an executive wishes to work without direct compensation, but for legal reasons must receive a payment above zero, so as to distinguish them from a volunteer .

  7. Federal Insurance Contributions Act - Wikipedia

    en.wikipedia.org/wiki/Federal_Insurance...

    The Federal Insurance Contributions Act is a tax mechanism codified in Title 26, Subtitle C, Chapter 21 of the United States Code. [3] Social security benefits include old-age, survivors, and disability insurance (OASDI); Medicare provides hospital insurance benefits for the elderly. The amount that one pays in payroll taxes throughout one's ...

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