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New footage shows gunman on the phone and in Starbucks before killing UnitedHealthcare CEO By MELISSA KOENIG FOR DAILYMAIL.COM Published: 23:27 GMT, 4 December 2024 | Updated: 23:50 GMT, 4 December 2024 e-mail 2 View comments The gunman who shot and killed UnitedHealthcare CEO Brian Thompson early Wednesday morning was earlier spotted talking on the phone and inside a local Starbucks. The unidentified killer was caught on surveillance footage loitering around the Hilton Hotel in Manhattan about 10 minutes before he opened fire, the New York Times reports. At around 6.30am, he appeared to be making a phone call as he walked down the sidewalk just about 175 feet from where Thompson, 50, was shot and killed. He was also spotted standing by a counter at a nearby Starbucks dressed in all black with his face mostly obscured by a balaclava ahead of the shooting. By 6.45am, surveillance footage obtained by DailyMail.com showed Thompson, a father of two, walking in front of the Hilton when the gunman drew a large gun fitted with a silencer and shot him in the back. At first, Thompson was able to stumble down the street, but the gunman followed and continued firing at the CEO as he fell to the ground, hitting him in the chest and calf before he fled the scene on a bike. Police said he escaped into Central Park, sparking a massive city-wide manhunt for the killer. They say the shooting appears to have been targeted at Thompson, and are investigating the possibility it was motivated by a grudge against the insurance company, the largest health insurer by market share in America, according to ABC 7. The unidentified man who shot and killed UnitedHealthcare CEO was spotted at a counter at a nearby Starbucks in the moments before he opened fire Thompson had been slated to speak at an investor meeting at the Hilton Hotel Wednesday morning, in which he would announce United Healthcare's hugely profitable 2025 financial outlook - including expected revenues of more than $450 billion. His schedule was widely known, and witnesses have said the suspected gunman even knew which door Thompson was going to emerge from before opening fire. Witness Amar Abdelmula, a driver, told PIX11 of the moment he heard gunshots: 'I wasn't paying attention and then I heard the shot. 'It was silent gun, black gun. (I) saw him after he shot him, and he was running across the street. I tried take a picture, but too far away, not clear. 'I was shocked. First time I see crime in front of me,' he added. 'I was afraid he (would) shoot me too, my car, I saw everything.' Michael Dissen, who was at the hotel for a different conference, also told DailyMail.com he heard a ‘commotion’ at around 7.05am. ‘I just heard all these sirens and I thought, “New York City”, but then I went up and had coffee and I saw everyone looking at their phones and I saw what happened,' he said. Brian Thompson, 50, had been slated to speak at an investor meeting at the Hilton Hotel Wednesday morning when he was killed Witnesses said the shooter knew which door Thompson was going to emerge from before opening fire Footage showed NYPD officers performing CPR on the CEO, before he was rushed to Mount Sinai Hospital in critical condition. He was later pronounced dead Still, the investor conference reportedly began without interruption at 8am on the second floor of the Hilton until news of the shooting began to circulate. Without knowing it was Thompson who was hit, one attendee told the group that 'someone got shot outside.' CEO of parent company United Healthgroup Andrew Witty is said to have halted the meeting at the hotel just after 8am upon hearing of the tragedy. He told attendees: 'We’re dealing with a very serious medical situation with one of our team members. As a result, I’m afraid, we’re going to have to bring to a close the event.' Police say the shooting appears to have been targeted at Thompson, and are investigating the possibility it was motivated by a grudge against the insurance company A Hilton worker told DailyMail.com that staff members were left shaken by the assassination at their doorstep A Hilton worker, who asked to remain anonymous, told DailyMail.com in the aftermath that staff have been left shaken by the public assassination on their doorstep. 'For this to happen in this area, it’s weird,' he said. 'For this guy to do it around here with all these cameras and everything, there’s got to be something behind it. I mean obviously there was, you have to be pretty crazy to do something like that.' Hours after the shooting, flags outside the UnitedHealthcare headquarters in Minnetonka, Minnesota were lowered to half-staff as the company said in a statement it was 'deeply saddened and shocked' by the news of Thompson's death. 'Brian was a highly respected colleague and friend to all who worked with him,' the insurer said in a statement. 'We are working closely with the New York Police Department and ask for your patience and understanding during this difficult time. Our hearts go out to Brian’s family and all who were close to him.' Thompson, seen at the United Healthcare charity golf event earlier this year, was described by the company as 'a highly respected colleague and friend to all who worked with him' United is the biggest health insurer by market share in America. The company has been the subject of frequent protests by activists for allegedly systematically denying care for patients. One such protest earlier this year led to the arrests of 11 people outside the United Healthcare headquarters in Minnetonka, Minnesota. The company made headlines in February after it was subjected to a cyber-attack which cost $872 million. In fact, Thompson's wife, Paulette 'Pauley' Thompson, 51, has said her husband had been receiving 'some threats' before his trip to New York. 'Basically, I don’t know, a lack of coverage? I don’t know details. I just know that he said there were some people that had been threatening him,' she told NBC News. Thompson was also being investigated by the Department of Justice for antitrust violations and accused of insider trading. The department launched a probe into whether the private company was unfairly restricting competitors and running a monopoly. Then in May, the City of Hollywood Firefighters’ Pension Fund initiated a complaint against Thompson and other executives, accusing the CEO of failing to tell investors about the federal probe before he unloaded over 31 percent of his stock, taking in $15.1 million in proceeds. In legal documents, the fund said Thompson and other company execs sold over $117 million worth of UnitedHealth common stock during the four-month period when insiders knew about the federal antitrust investigation but the public did not. The California Public Employees’ Retirement System, America's largest state public pension fund, then joined that complaint in October and filed an amendment seeking a jury trial against the UnitedHealth execs including Thompson. Thompson is survived by his wife Paulette 'Pauley' Thompson, 51, and their two children who live in the family's $1.5 million home in Maple Grove, Minnesota He is now survived by his wife Pauley and their two children who live in the family's $1.5 million home in Maple Grove, Minnesota. 'We are shattered to hear about the senseless killing of our beloved Brian,' she told ABC 7 following her husband's untimely death. 'Brian was an incredibly loving, generous, talented man who truly lived life to the fullest and touched so many lives,' she said. 'Most importantly, Brian was an incredibly loving father to our two sons and will be greatly missed. 'We appreciate your well wishes and request complete privacy as our family moves through this difficult time.' Her sister Elena Reveiz told the New York Times that she was stunned by the news of her brother's slaying. 'He was a good person and I am so sad,' she said, describing Thompson as a good father to his two children. Minnesota governor and 2024 Democratic nominee for Vice-President Tim Walz, who was pictured with Thompson in 2022, also said the shooting was 'horrifying news and a terrible loss for the business and health care community in Minnesota.' Minneapolis Mayor Jacob Frey added in his own statement: 'This is a shocking and devastating loss for our whole community. ‘Shocking’ is the only word I can find at the moment.' New York Times Brian Thompson Minnesota Share or comment on this article: New footage shows gunman on the phone and in Starbucks before killing UnitedHealthcare CEO e-mail Add commentNEW YORK (AP) — Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups. The changes announced by the world’s biggest retailer on Monday followed a string of legal victories by conservative groups that have filed an onslaught of lawsuits challenging corporate and federal programs aimed at elevating minority and women-owned businesses and employees. The retreat from such programs crystalized with the election of former President Donald Trump, whose administration is certain to make dismantling diversity, equity and inclusion programs a priority. Trump’s incoming deputy chief of policy will be his former adviser Stephen Miller , who leads a group called America First Legal that has aggressively challenged corporate DEI policies. “There has been a lot of reassessment of risk looking at programs that could be deemed to constitute reverse discrimination,” said Allan Schweyer, principal researcher at the Human Capital Center at the Conference Board. RELATED COVERAGE Walmart becomes latest — and biggest — company to roll back its DEI policies What diversity does — and doesn’t — look like in Trump’s Cabinet Trump says he is naming former Wisconsin Rep. Sean Duffy to be transportation secretary “This is another domino to fall and it is a rather large domino,” he added. Among other changes, Walmart said it will no longer give priority treatment to suppliers owned by women or minorities. The company also will not renew a five-year commitment for a racial equity center set up in 2020 after the police killing of George Floyd. And it pulled out of a prominent gay rights index . Schweyer said the biggest trigger for companies making such changes is simply a reassessment of their legal risk exposure, which began after U.S. Supreme Court’s ruling in June 2023 that ended affirmative action in college admissions. Since then, conservative groups using similar arguments have secured court victories against various diversity programs, especially those that steer contracts to minority or women-owned businesses. Most recently, the conservative Wisconsin Institute for Law & Liberty won a victory in a case against the U.S. Department of Transportation over its use of a program that gives priority to minority-owned businesses when it awards contracts. Companies are seeing a big legal risk in continuing with DEI efforts, said Dan Lennington, a deputy counsel at the institute. His organization says it has identified more than 60 programs in the federal government that it considers discriminatory, he said. “We have a legal landscape within the entire federal government, all three branches -- the U.S. Supreme Court, the Congress and the President -- are all now firmly pointed in the direction towards equality of individuals and individualized treatment of all Americans, instead of diversity, equity and inclusion treating people as members of racial groups,” Lennington said. The Trump administration is also likely to take direct aim at DEI initiatives through executive orders and other policies that affect private companies, especially federal contractors. “The impact of the election on DEI policies is huge. It can’t be overstated,” said Jason Schwartz, co-chair of the Labor & Employment Practice Group at law firm Gibson Dunn. With Miller returning to the White House, rolling back DEI initiatives is likely to be a priority, Schwartz said. “Companies are trying to strike the right balance to make clear they’ve got an inclusive workplace where everyone is welcome, and they want to get the best talent, while at the same time trying not to alienate various parts of their employees and customer base who might feel one way or the other. It’s a virtually impossible dilemma,” Schwartz said. Marc Morial, CEO of the National Urban League, a civil rights group that has worked with Walmart on diversity and inclusion efforts in the past, called the company’s pullback from DEI “stunning” and “unexpected.” “This is inconsistent with the Walmart I know,” said Morial, who argued that DEI policies are how organizations ensure compliance with federal anti-discrimination laws like the Civil Rights Act of 1964 and any suggestion of favoritism or preferential treatment “is really defamatory against what DEI represents.” He said that Walmart would see “a strong message” to the decision but that civil rights leaders “are first very interested in dialogue” with Walmart executives. A recent survey by Pew Research Center showed that workers are divided on the merits of DEI policies. While still broadly popular, the share of workers who said focusing on workplace diversity was mostly a good thing fell to 52% in the October survey, compared to 56% in a similar survey in February 2023. Rachel Minkin, a research associate at Pew, called it a small but significant shift in short amount of time. There will be more companies pulling back from their DEI policies, but it likely won’t be a retreat across the board, said David Glasgow, executive director of the Meltzer Center for Diversity, Inclusion and Belonging at New York University. “There are vastly more companies that are sticking with DEI,” Glasgow said. “The only reason you don’t hear about it is most of them are doing it by stealth. They’re putting their heads down and doing DEI work and hoping not to attract attention.” Glasgow advises organizations to stick to their own core values, because attitudes toward the topic can change quickly in the span of four years. “It’s going to leave them looking a little bit weak if there’s a kind of flip-flopping, depending on whichever direction the political winds are blowing,” he said. One reason DEI programs exist is because without those programs, companies may be vulnerable to lawsuits for traditional discrimination. “Really think carefully about the risks in all directions on this topic,” Glasgow said. Walmart confirmed will no longer consider race and gender as a litmus test to improve diversity when it offers supplier contracts. Walmart says its U.S. businesses sourced more than $13 billion in goods and services from diverse suppliers in fiscal year 2024, including businesses owned by minorities, women and veterans. It was unclear how its relationships with such business would change going forward. Organizations that have partnered with Walmart on its diversity initiatives offered a cautious response. The Women’s Business Enterprise National Council, a non-profit that last year named Walmart one of America’s top corporation for women-owned enterprises, said it was still evaluating the impact of Walmart’s announcement. Pamela Prince-Eason, the president and CEO of the organization, said she hoped Walmart’s need to cater to its diverse customer base will continue to drive contracts to women-owned suppliers even if the company has no explicit dollar goals. “I suspect Walmart will continue to have one of the most inclusive supply chains in the World,” Prince-Eason wrote. “Any retailer’s ability to serve the communities they operate in will continue to value understanding their customers, (many of which are women), in order to better provide products and services desired and no one understands customers better than Walmart.” Walmart’s announcement came after the company spoke directly with conservative political commentator and activist Robby Starbuck, who has been going after corporate DEI policies, calling out individual companies on the social media platform X. Several of those companies have subsequently announced that they are pulling back their initiatives, including Ford , Harley-Davidson, Lowe’s and Tractor Supply . Walmart confirmed to The Associated Press that it will better monitor its third-party marketplace items to make sure they don’t feature sexual and transgender products aimed at minors. The company also will stop participating in the Human Rights Campaign’s annual benchmark index that measures workplace inclusion for LGBTQ+ employees. A Walmart spokesperson added that some of the changes were already in progress and not as a result of conversations that it had with Starbuck. RaShawn “Shawnie” Hawkins, senior director of the HRC Foundation’s Workplace Equality Program, said companies that “abandon” their commitments workplace inclusion policies “are shirking their responsibility to their employees, consumers, and shareholders.” She said the buying power of LGBTQ customers is powerful and noted that the index will have record participation of more than 1,400 companies in 2025. ____ Associated Press Staff Writer Matt Brown in Washington contributed to this report.MISSOULA — Montana's largest monopoly utility, North Western Energy, is inking deals to supply massive amounts of power to "data centers." In fact, just two proposed data centers will combine to consume more power than is produced by Montana's newest gas-fired power plant, the Yellowstone County Generating Station. The company behind one of those deals is mysterious, and North Western is not revealing its name. Meanwhile, Montana Gov. Greg Gian forte and his administration are asking data center developers and energy suppliers like North Western how the state can become more "business friendly" to attract more investment of that kind. On Dec. 17, North Western Energy sent out a press release saying it had signed a letter of intent to provide energy services "for a developer planning new data centers in Montana." In response to a request from the Missoulian, a spokesperson for North Western Energy said the name of the customer and the proposed locations of the data centers would not be disclosed. However, the press release said the "energy service load" provided to the yet-to-be-identified customer is "expected to be a minimum 50 megawatts, beginning in 2027, with growth to 250 megawatts or more by 2029." It's not clear what the "data centers" would do, but that term could apply to anything from artificial intelligence to cloud computing to cryptocurrency. But whatever the data centers are going to be used for, the deal was touted by Paul Green, the director of the Montana Department of Commerce. "This investment in Montana is a significant milestone for our state's economic growth and technological advancement, possible because of work done to provide more certainty for data center developers," Green said in the press release. "Reliable energy service is a critical component in this effort. This development will create new jobs, increase the state's tax base and demonstrates how Montana's open-for-business mindset and pro-growth programs are driving the state's prosperity." North Western also said that because the data center companies fall under the customer class of "large energy users" because they use over 1 megawatt a month, they'll also pay a "demand charge" that residential customers do not pay. "The (data) centers will be served as part of North Western Energy's regulated business, which is expected to lower the cost per customer to operate North Western's Montana generation resources," North Western said in the press release. Two days later, on Dec. 19, North Western sent out another press release saying it plans to provide electric supply service to Atlas Power Group at its data center in Butte. The energy supply load for the Butte data center is expected to be 75 megawatts beginning in 2026 with forecasted growth of up to another 75 megawatts in the subsequent three to five years. To put the amount of power used by just those two data center customers in perspective, the new natural gas-fired Yellowstone County Generating Station power plant in Laurel, which was built by North Western Energy and came online in early 2024, generates 175 megawatts. That means that the single data center run by Atlas Power in Butte is proposing to consume 150 megawatts by about the year 2030, which is the equivalent of 86% of the current generating capacity of the new power plant in Laurel. When combined with the proposed power consumption of the undisclosed data center company, the total consumption of these two companies for data center power exceeds the generation of the Yellowstone County Generating Station. Jo Dee Black, a public relations specialist, noted that the Yellowstone County Generating Station provides "on-demand" power to supplement other power sources. "North Western Energy's addition of on-demand power generation strengthens our ability to serve existing and new Montana electric customers reliably, including during peak demand," Black said. Not all of the Yellowstone County Generating Station's power will go to data centers. North Western Energy generates power from a broad range of power sources, including hydroelectric dams and the coal-fired power plant in Colstrip. Earlier this summer, North Western announced a deal to acquire a larger share of the coal-fired power plant in Colstrip. The same day that North Western sent out a press release about its contract with the undisclosed large energy user for data centers, Gov. Gianforte hosted a roundtable with energy suppliers such as North Western, data center companies, lawmakers and others to discuss ways that Montana could lure in businesses by increasing access to energy resources. Gianforte's first question was to business representatives. "What are the characteristics of energy supply that you're looking for?" Gianforte asked. "If you were going to bring your businesses to Montana, what price point, type of energy source, what are the criteria that are required for you to make a capital investment here?" Dave Sabey, the president of a company called Sabey Data Centers, said he and other data center builders are looking for "predictable, long-term relationships." "Because the capital investments we make will evolve into the billions (of dollars)," Sabey told Gianforte. "And so we have to look at that perspective when we join up with someone. We're not going away for a long, long time so it has to be a win-win relationship." Sabey said data centers can bring high-paying jobs to Montana. Gianforte made it clear that he is looking for ways to reduce barriers to energy supply in Montana and also looking for ways to reduce the cost of energy. "We want to be, as a state, open for business," Gianforte said. "We want to see businesses prosper here because they create jobs and livelihoods." Gianforte then turned to energy suppliers, including North Western Energy CEO Brian Bird. "So my question for all of you, it's clear we need more energy supply, so what are the barriers?" Gianforte asked. "What do we need to get rid of?" Essentially, Bird told Gianforte that there are too many regulations and processes that North Western has to abide by in order to bring new power sources online in Montana. "We still have way too much process for us to do anything," Bird responded. "Right now we have to do an (integrated resource plan), a (request for proposals) and then a pre-approval to get something done. Governor, we didn't even go to the pre-approval step for Yellowstone County (Generating Station) because we knew we needed that plan to serve our customers this year." Bird said that energy suppliers like North Western Energy have not been handed many incentives to increase power supply generation sources. "We have not been encouraged to build generation," Bird said. "Matter of fact, the way that it works today is 'let's make sure we're checking everything North Western does.' And it seems like that made sense in a period of time when you were dealing with 1% growth in your energy needs. 'Let's just make sure they're doing everything right and everybody has a fair share' and not looking ahead. And I will tell you as we sit here today, fortunately for us, we have capacity to serve new large load customers in the state." Right now, North Western Energy is regulated by the Montana Public Service Commission. "The issue for us, in order to do something for data centers on a going forward basis and others, we're probably going to have to look at that from a non-regulated basis," Bird said. "Colstrip (power plant), you remember, at one time was not regulated. I think we're going to have to do that. We can't wait three to five years to get a decision to move forward with a plan. In today's day and age, we're not going to see 1% growth, we're probably going to see closer to 10% energy growth in this country. And in Montana we're gonna have to do things different." Montana, like many places, has had a tumultuous history with companies announcing grand plans for data centers and then never following all the way through. For example, in 2022, Gov. Gianforte, along with U.S. Sen. Steve Daines and Martin Charlo of the Confederated Salish and Kootenai Tribes were at an economic summit in Bozeman and all three made a joint announcement about a new data center supposedly being built in Polson. All three said the data center, which was supposed to be built by a company called Bitzero and would use 50 megawatts of power from the hydropower dam on Flathead Lake, would bring jobs to the area. "This new investment in the CSKT will support good-paying jobs in Montana, boost Montana's economy and keep Montana at the forefront of the energy and technology sector," Daines said at the time. "I'm glad to announce this lucrative project. I look forward to the new and exciting opportunities this will bring to Montana." However, the data center was never built.
The Gunners took two points out of Liverpool’s lead at the summit of the Premier League after Jurrien Timber and William Saliba struck in the second half – both from corners – to condemn Amorim to his first defeat as United boss. The hosts’ second-half strikes took their goals-from-corners tally to 22 since the start of last season – a statistic that is unmatched by any other team in the division. Asked if Arsenal are one of the best teams he has come up against on corners, Amorim replied: “If you follow the Premier League for a long time you can see that. “They are also big players and you see every occasion when (Gabriel) Martinelli and (Bukayo) Saka have one-on-ones, a lot of times they go outside and they cross, and they know that if the cross goes well, they can score, and if it is a corner they can score, too, so we have to be better on that. “You have seen in all Arsenal games that every team have had problems with that (corners). And the difference today was the set-pieces. “You see a goal and then the momentum changed, and it is really hard for us to take the full control of the game after that.” Timber leaned into Rasmus Hojlund at the front post before diverting Declan Rice’s set-piece into the back of Andre Onana’s net after 54 minutes to send Arsenal into the lead. Thomas Partey’s header from Saka’s corner then deflected in off Saliba’s shoulder with 17 minutes left. Arteta and the club’s set-piece guru Nicolas Jover embraced on the touchline as Amorim was left with his head in his hands. The Arsenal supporters cheered raucously every time they won a corner – landing 13 in all without reply. However, Arteta moved to play down the significance of Arsenal’s set-piece threat. “We need that, but we want to be very dangerous and very effective from every angle and every phase of play,” said Arteta. “Today we could have scored from open play like we did against West Ham and Sporting. Last year we scored the most goals in the history of this football club. Arsenal have won four consecutive Premier League matches against Man Utd for the first time ever! 💫 pic.twitter.com/biv1kvsJEP — Premier League (@premierleague) December 4, 2024 “Not because of only set-pieces, but because of a lot of things that we have. We want to create individual and magic moments, too.” Arsenal’s win against United – the first time they have recorded four victories in a row against the Red Devils in the league – was their fourth in succession since the international break. They will head to Fulham on Sunday bidding to keep the momentum going. Arteta continued: “The will to win is there. We try our best to do that. We won four in a row, but it doesn’t matter. We have to go to Fulham now, try to be better than them and try win the game. “It’s every three days that we play. It’s a crazy schedule. We’re going to need everybody and to mentally be very strong.”
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EU rules requiring all new smartphones, tablets and cameras to use the same charger came into force on Saturday, in a change Brussels said will cut costs and waste. Manufacturers are now obliged to fit devices sold in the 27-nation bloc with a USB-C, the port chosen by the European Union as the common standard for charging electronic tools. "Starting today, all new mobile phones, tablets, digital cameras, headphones, speakers, keyboards and many other electronics sold in the EU will have to be equipped with a USB Type-C charging port," the EU Parliament wrote on social media X. The EU has said the single charger rule will simplify the life of Europeans and slash costs for consumers. By allowing consumers to purchase a new device without a new charger, it will also reduce the mountain of obsolete chargers, the bloc has argued. The law was first approved in 2022 following a tussle with US tech giant Apple. It allowed companies until December 28 this year to adapt. Makers of laptops will have extra time, from early 2026, to also follow suit. Most devices already use these cables, but Apple was more than a little reluctant. The firm said in 2021 that such regulation "stifles innovation", but by September last year it had begun shipping phones with the new port. Makers of electronic consumer items in Europe had agreed on a single charging norm from dozens on the market a decade ago under a voluntary agreement with the European Commission. But Apple, the world's biggest seller of smartphones, refused to abide by it and ditch its Lightning ports. Other manufacturers kept their alternative cables going, meaning there were about half a dozen types knocking around, creating a jumble of cables for consumers. USB-C ports can charge at up to 100 Watts, transfer data up to 40 gigabits per second, and can serve to hook up to external displays. At the time of its approval, the commission said the law was expected to save at least 200 million euros ($208 million) per year and cut more than a thousand tonnes of EU electronic waste every year. "It's time for THE charger," the European Commission wrote on X on Saturday. "It means better-charging technology, reduced e-waste, and less fuss to find the chargers you need." ub/giv
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Friday, December 27, 2024 Facebook Instagram Twitter WhatsApp Youtube Personal Finance Education Entertainment Jobs Alert Sports Hindi Technology Complaint Redressal. Fact-Checking Policy Correction policy Authors and Team DNPA Code of Ethics Onwership and Funding Cookie Policy Terms of Service Disclaimer Contact US About Us More Search Home Personal Finance PF New Rules: 5 new rules of EPFO will be implemented in... Personal Finance PF New Rules: 5 new rules of EPFO will be implemented in the new year, know what will be the effect on the employees By Shyamu Maurya December 27, 2024 0 20 Share Facebook Twitter Pinterest WhatsApp Telegram PF New Rules: 5 new rules of EPFO will be implemented in the new year, know what will be the effect on the employees EPFO is making important changes for pensioners. Under the new rules, pensioners will be able to withdraw their pension from any bank in the country without any additional verification. PF New Rules: The Employees’ Provident Fund Organisation (EPFO) has announced some major changes in guidelines and policies for its crores of subscribers. Most of these changes are likely to come into effect from the new year. The retirement fund body is preparing to launch many new facilities for its subscribers. The purpose of these new rules is to provide more convenience to PF account holders and help them manage their retirement fund in a better way. These changes will benefit both private sector employees and government employees. Let’s know about these new rules. 5 new rules for PF account Facility to withdraw PF money from ATM EPFO has decided to issue an ATM card to provide more convenience to the members, which will provide 24/7 fund withdrawal facility to the subscribers. This ATM withdrawal facility is expected to start in the financial year 2025-26. With the implementation of the new guidelines, subscribers will be able to easily withdraw funds anytime in 24 hours. This will also save a lot of time for the subscribers. Currently, they have to wait for about 7 to 10 days to receive PF money in their bank account. Employee contribution limit may change Another major change coming next year is the change in EPF contribution limit for employees. Currently, employees contribute 12% of their basic salary to the EPF account every month. However, the government is considering allowing employees to contribute based on their actual salary instead of the Rs 15,000 fixed by the EPFO. Once this policy is implemented, employees will be able to accumulate a larger fund till their retirement and receive more pension every month. EPFO IT system upgrade EPFO is upgrading its IT infrastructure, which will allow PF claimants and beneficiaries to easily withdraw their deposits. It is expected that this upgrade will be completed by June 2025. Once the IT infrastructure is upgraded, members’ claims will be settled faster than before. Besides, this will increase transparency and reduce cases of fraud. Facility to invest in equity EPFO is considering allowing its members to invest in equity. This will give PF account holders the option to manage their funds more effectively. If the retirement fund body allows direct equity investment, members can expect high returns. Easy pension withdrawal EPFO is making important changes for pensioners. Under the new rule, pensioners will be able to withdraw their pension from any bank in the country without any additional verification. This move will be very convenient for the members and will also save a lot of their time as they will be able to withdraw their pension from any bank. Tags PF New Rules Share Facebook Twitter Pinterest WhatsApp Telegram Previous article Banking System: Now bank will fine you Rs 100 per day if the transaction fails; Know RBI rules Next article Tax Free Salary: There will be no tax on salary up to ₹ 10,50,000? preparations are being made to give relief to middle class taxpayers Shyamu Maurya Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com RELATED ARTICLES India School Holiday: Schools will remain closed for 15 days in Haryana, notice of winter vacation issued December 27, 2024 Personal Finance H-1B visa limit may end for India, know what will be the benefit December 27, 2024 India Cancelled Train: Big news for railway passengers! 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Many trains on this route have been cancelled, see the list before travelling December 27, 2024 POPULAR POSTS School Holiday: Schools will remain closed for 15 days in Haryana, notice of winter vacation issued December 27, 2024 H-1B visa limit may end for India, know what will be the benefit December 27, 2024 Cancelled Train: Big news for railway passengers! Many trains on this route have been cancelled, see the list before travelling December 27, 2024 POPULAR CATEGORY Personal Finance 18120 Entertainment 17065 India 4559 News 3785 Technology 2264 Jobs Alert 793 Travel 652 Education 451 ABOUT US INFORMALNEWZ brings the Latest News & Top Breaking headlines on Politics and Current Affairs. Up-to-date news coverage, aggregated from sources all over the world by informal Newz. Find latest news coverage of breaking news events, trending topics, and compelling articles. 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Sen. John Fetterman (D-PA) rebuked critics who found his bipartisan spirit toward Dr. Mehmet Oz , the incoming Trump administration's nominee to head the Centers for Medicare and Medicaid Services, distasteful. President-elect Donald Trump nominated Oz to oversee the federal program on Tuesday, sparking a move from Fetterman to break from the Democratic Party and express his possible support for the physician. Responding to negative reactions from Democrats on Friday, Fetterman slammed the “freakouts” and explained that if he voted to confirm Oz in the Senate, his move likely wouldn’t affect the results as Republicans hold the majority in the upper chamber. Saying he just wanted an “open dialogue” and mocking the “hot takes online,” the senator said in a post to X: "Math is math: GOP has 53 votes and Oz has a new job. ... He doesn’t have to give a s*** about Dem votes, and same for the remaining nominees. Fetterman and Oz were onetime rivals during Pennsylvania’s 2022 Senate race. After the two engaged in an intensely personal campaign, during which Fetterman faced a flood of scrutiny about his health after a stroke, the Democrat ultimately beat his Republican opponent by just under 6 percentage points. The Pennsylvania senator appeared to bear little animus toward Oz after Trump tapped him to head the CMS. "If Dr. Oz is about protecting and preserving Medicare and Medicaid, I’m voting for the dude," Fetterman said on X. While conceding Oz may not have been the Democrats’ “first choice,” Fetterman has called his plans to cut waste and fraud in the federal program “a good thing.” If Oz was going to make the programs more efficient, “then I’m not going to vote against that,” he told the Independent earlier this week. "Our politics are obviously different, and we do have a history, but I don’t have any bitterness. I don’t hold anything against him," the senator added Tuesday. Fetterman has received backlash from former staffers over his bipartisan approach to Oz’s nomination. The director of operations for Fetterman’s Senate campaign called the move “a huge personal betrayal,” saying that he said in 2022 that Oz would “gut” Medicare and Medicaid. “I feel like I’ve been duped and 2 years of working on your campaign was a waste,” Victoria Perrone said in a post . Before nominating Oz to head CMS, Trump reiterated promises to protect Social Security and Medicare on the campaign trail, indicating cuts are not on the horizon. Fetterman did, however, attack Oz for his support for Medicare Advantage, the privately run version of Medicare, during his campaign and suggested that the physician supported a Republican plan that he worried would “destroy Social Security + Medicare.” The senator’s evolution on Oz comes after he has surprised his party's left wing several times since he was elected two years ago. Fetterman often branded himself as a progressive during his Senate campaign two years ago. But in December 2023, he rejected the label outright, saying that he is "not a progressive." He has frequently spurned tribalistic behavior since he was elected to office, taking an approach to illegal immigration and the war in Gaza that is often more in line with Republicans than members of his own party. CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER Fetterman has also often criticized factions of his party for alienating right-leaning and centrist voters, telling colleagues to take their message to platforms and people outside of the Democratic bubble. His move to express tentative support for Oz comes after he backed Trump’s decision to nominate Sen. Marco Rubio (R-FL) as the next secretary of state earlier this month, calling him a “strong choice.”How we treat our children and most vulnerable populations
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The Be on the Lookout or BOLO campaign is out with the top 25 most wanted suspects in Canada. These are suspects in ongoing criminal investigations, identified as the most dangerous in the country. Eight suspects on the new list are wanted by Toronto police. As Chris Glover reports, police are hopeful a more advanced website using AI technology will help track some of them down.None
A large avalanche in New Hampshire's White Mountains was captured on video on Tuesday. The slide, recorded by the Mount Washington Avalanche Center, occurred on Hillman's Highway after several inches of fresh snow. According to the avalanche center, the slide was triggered naturally. Persistent wind had caused an additional buildup of snow on the mountainside, and weather conditions are expected to create an elevated risk for avalanches in the coming days. The center has not begun its five-scale daily avalanche forecast and is reminding members of the public to be ready to make their own assessments of snow conditions. "If you are unsure of how to make these assessments, hiring a guide is a great option to drastically reduce your risk," the Avalanche Center wrote in a social media post. The avalanche center regularly leads rescue missions when hikers and backcountry skiers are caught in avalanches.
An gudanar da zanga-zanga a Kano