Thursday

Check How good "New Pension Scheme " is for you.

Well friends I have tried to calculate the value of NPS corpus at the time of retirement.I have taken number of assumptions which are listed below.
1.These calculation are for the person who joined in Jan2005 and will retire in Aug2039(though you customise it accoding to your requirement).
2.Pay commission continues to sit every 10 years and atleast recommends 30% increase in the salary.
3.Increase in DA is 4% every six months.
4.Few promotions have been taken into account.
5.Implentation of NFSG grade has been considered after 13 years.

So, the figures are

******Rs.2,84,71,588. (@8% interest which is the minimum you would get).Click here to download file for detail calculations.
******Rs.3,91,79,074. (@10% return due NPS being managed like mutual funds).Click here to download file for detail calculations.
******Rs.5,49,44,8619.@12% return due NPS being managed like mutual funds).Click here to download file for detail calculations.
At the time of retirement you will get 60% of the total ammount and rest of the 40% ammout will have to be invested to buy an annuity plan.
Hope these estimates may please you.If so please leave a comment.

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Friday

MAke money from Your Ez Ads

Your EZ Ads is a free advertising system based around member text ads. Your EZ Ads is targeted at work from home moms and dads, home based business owners, direct sales and network marketing professionals, internet marketers, affiliate marketers and anyone that is looking to make money online.Visitors as well as members come to Your EZ Ads and click on member ads, so your sites will be seen! Clicks to your ads = traffic=Earnings.

Members click on ads in order to earn credits. Members can then use these credits to keep their ads active and in rotation in the ad network.

Once in a week they send a email about clicking on 300-400 ads and you get $5 for that, mind you it really pays and an easy thing to do.

Text ads work - plain and simple. If they did not work so well, all the search engines would have banner ads running up and down the side of their pages instead of text ads right?

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Tuesday

HPSC Recruitment 2009 Notification

Haryana Public Service Commission (H PSC)
Bays No.1-10, Block-B, Sector-4, Panchkula

Advt. No.3/2009

Haryana Public Service Commission invites Applications from eligible candidates for 1317 posts of Lecturers (School Cadre) HES-II (Group-B) in various subjects in Haryana Education Department :

  * Lecturers (Teachers) : 1317 posts (Chemistry-33, Economics-170, English-320, Fine Arts-6, Geography-44, Hindi-240, History-240, Mathematics-57, Music-13, Physical Education-10, Pol. Science-216, Psychology-8, Punjabi-7, Sanskrit-15, Sanskrit-15, Sociology-3), Pay Scale : PB-2 Rs.7500-12000, Age : 17-40 years, relaxation as per rules. 

Qualification : PG degree in relevant subjec wit hat least 50% marks (ii) Certificate of having qualified School Teacher's Eligibility Test (STET) (iii) Hindi/ Sanskrit up to Matric (10th)

Application Form : For application form and detailed information write to Secretary, Haryana Public Service Commission, Bays No.1-10, Block-B, Sector-4, Panchkula by remitting Rs.500/- (Rs.125/- for SC/ST/BC/ESM/PH of Haryana only) through IPO/ Bank Draft payable to Secretary HPSC at Panchkula with self addressed (with pin code) envelope of size 24x11 cm size with Rs.40/- postage stamp or from payment at counter of the HPSC.

How to Apply : Filled in application form should be sent to the Commission's office at Bays No.1-10, Block-B, Sector-4, Panchkula by post or in person on or before 17/07/2009.

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