Gujarat State Road Transport Corporation has published an Advertisement for below mentioned Posts 2019. Other details like age limit, educational qualification, selection process, application fee and how to apply are given below.
In the United States, structured settlement laws and regulations have been enacted at both the federal and state levels. Federal structured settlement laws include various provisions of the Internal Revenue Code. State structured settlement laws include structured settlement protection statutes and periodic payment of judgment statutes. Forty-seven of the states have structured settlement protection acts created using a model promulgated by the National Conference of Insurance
Legislators ("NCOIL"). Of the 47 states, 37 are based in whole or in part on the NCOIL model act. Medicaid and Medicare laws and regulations affect structured settlements. A structured settlement may be used in conjunction with settlement planning tools that help preserve a claimant's Medicare benefits. A Structured Medicare Set Aside Arrangement (MSA) will generally cost less than a non-structured MSA because of amortization of the future cash flow over the claimant's life expectancy, as opposed to funding.
The typical structured settlement arises and is structured as follows: An injured party (the claimant) comes to a negotiated settlement of a tort suit with the defendant (or its insurance carrier) pursuant to a settlement agreement that provides as consideration, in exchange for the claimant's securing the dismissal of the lawsuit, an agreement by the defendant (or, more commonly, its insurer) to make a series of periodic payments.
An annuity is a series of payments made at equal intervals. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments, and pension payments. Annuities can be classified by the frequency of payment dates. The payments (deposits) may be made weekly, monthly, quarterly, yearly, or at any other regular interval of time.
Total No. of Posts: 2249
Educational Qualification: 12th Passed, Please read Official Notification for more Educational Qualification details.
Age Limit: Between 25 to 38 Years
Salary: Rs. 10000/- per month (Fix Pay for Five Years)
Selection Process: Candidates will be selected based on mark Academic mark calculation and driving test. (Candidate will be eligible for the driving test if he got more than 25 marks in below-mentioned marking system)
How to Apply: Interested Candidates may Apply Online Through official Website https://ojas.gujarat.gov.in
Important Dates : Starting Date of Online Application: 12-07-2019 Last Date to Apply Online: 11-08-2019