pension

NPS subscribers rise 27% to 1.78 crore

NPS subscribers rise 27% to 1.78 crore

On the recommendation of the 3rd Pay Revision Committee, the department of PSE has dispensed with the condition of minimum 15 years of service and superannuation from CPSEs to avail the pension benefit implemented by CPSEs.

Oct 10, 2017, 16:38 PM IST
EPFO ties up with 5 banks to collect PF dues

EPFO ties up with 5 banks to collect PF dues

Retirement fund body EPFO on Wednesday inked pacts with five banks for collections of PF dues and to make payments of PF withdrawals, pension and insurance.

Jul 05, 2017, 19:02 PM IST
7th Pay Commission: All you need to know about the modified pension revision formula- First option

7th Pay Commission: All you need to know about the modified pension revision formula- First option

Implementation of government's decision on the recommendations of the Seventh Central Pay Commission -Revision of pension of pre 2016 pensioners/family pensioners, etc.

May 18, 2017, 14:21 PM IST
7th Pay Commission: Revision of pension of pre-2016 pensioners- how to calculate

7th Pay Commission: Revision of pension of pre-2016 pensioners- how to calculate

The minimum pension with effect from January 2016 will be Rs 9,000/-per month (excluding the element of additional pension to old pensioners) while the upper ceiling on pension/family pension will be 50% and 30% respectively of the highest pay in the government (the highest pay in the government is Rs 2,50,000 with effect from January 2016).

May 17, 2017, 14:17 PM IST
7th Pay Commission: Navy Pay Regulations, 2017- Full Text

7th Pay Commission: Navy Pay Regulations, 2017- Full Text

Here's the detailed notification related to Navy Pay Regulations, 2017.

 

May 15, 2017, 10:21 AM IST
7th Pay Commission: New pay rules 2017 for Air Force personnel- Full Text

7th Pay Commission: New pay rules 2017 for Air Force personnel- Full Text

Here's the detailed notification related to Air Force Pay Rules, 2017.

May 12, 2017, 13:40 PM IST
7th Pay Commission: New pay rules 2017 for Army personnel- Full Text

7th Pay Commission: New pay rules 2017 for Army personnel- Full Text

Here's the detailed notification related to Army Pay Rules, 2017.

May 10, 2017, 13:37 PM IST
7th Pay Commission for Defence Forces: Pay rules 2017 for Army, Air Force, Navy- Notification

7th Pay Commission for Defence Forces: Pay rules 2017 for Army, Air Force, Navy- Notification

Must read the government notification dated May 3, relating to new pay rules 2017 for defence forces (Army, Air Force, Navy).

May 08, 2017, 14:33 PM IST
7th Pay Commission: Modifications in pension revision formula, pay structure, pay matrices- Full statement

7th Pay Commission: Modifications in pension revision formula, pay structure, pay matrices- Full statement

Must read the full statement of Finance Ministry dated May 04 - a day after the Union Cabinet approved modifications relating to modifications in the 7th CPC (Central Pay Commission) recommendations on pension revision formula, pay structure and pay matrices of central government employees and pensioners including armed forces.

May 07, 2017, 11:51 AM IST
7th Pay Commission for defence personnel: Key concerns of armed forces resolved by the Modi govt

7th Pay Commission for defence personnel: Key concerns of armed forces resolved by the Modi govt

The government has agreed in-principle to address three major grievances of the armed forces relating to their salary structure including providing pay protection to those getting promotion from the rank of brigadiers.

 

May 04, 2017, 15:28 PM IST

13013 freedom fighters, 24447 dependents get pension: Govt

As many as 13,013 freedom fighters and 24,447 dependents of freedom fighters are getting pensions from the government, the Rajya Sabha was informed today.

Apr 05, 2017, 15:58 PM IST
Cabinet approves  pension scheme for senior citizens with 8% return

Cabinet approves pension scheme for senior citizens with 8% return

The scheme will provide an assured pension based on a guaranteed rate of return of 8% per annum for ten years.

Jan 24, 2017, 15:52 PM IST

EPFO pensioners can give digital life certificate till Feb 28

Retirement fund body EPFO has extended the deadline for submitting digital life certificate by its over 50 lakh pensioners till February 28 to help them get their pension account linked with Aadhaar.

Jan 17, 2017, 20:19 PM IST
Good news for central government employees: Minimum pension hiked to Rs 9000

Good news for central government employees: Minimum pension hiked to Rs 9000

In what is definitely a good news for all central government employees, the government on Thursday said it has increased the minimum pension of per person to Rs 9000.

Jan 12, 2017, 19:59 PM IST
Mandatorily process all pension cases online: Govt to depts

Mandatorily process all pension cases online: Govt to depts

In order to check delay and bring in more transparency, the Centre has asked all its departments to mandatorily process all pension-related cases through an online system.

Jan 09, 2017, 17:57 PM IST
99% pensioners will get OROP benefits by January-end: Defence Minster Manohar Parrikar

99% pensioners will get OROP benefits by January-end: Defence Minster Manohar Parrikar

Defence Minster Manohar Parrikar on Tuesday said that around 20 lakh pensioners have been paid the benefits of One Rank One Pension so far, and more than 99 per cent of cases will be settled by January-end.

Jan 03, 2017, 20:38 PM IST
Germany promises equal pensions for east and west by 2025

Germany promises equal pensions for east and west by 2025

Germany said on Friday it would gradually raise pensions in the formerly communist east to reach the level of those in the west by 2025, more than three decades after reunification.

Nov 25, 2016, 16:50 PM IST
OROP storm: Congress slams Manohar Parrikar's 'pacifier', asks him to quit post

OROP storm: Congress slams Manohar Parrikar's 'pacifier', asks him to quit post

Criticising Defence Minister Manohar Parrikar for saying that 95 percent of ex-servicemen have already got the benefits of the One Rank One Pension (OROP) scheme, the Congress party on Sunday said he did not deserve to be in the union cabinet.

Nov 06, 2016, 09:42 AM IST

Pension of freedom fighters hiked by Rs 5,000

Pension of other freedom fighters, including those who were members of INA, has been raised from Rs 21,395 to Rs 26,000 per month.

Aug 18, 2016, 15:16 PM IST
EPFO members can fix pension without employers' attestation

EPFO members can fix pension without employers' attestation

Retirement fund body EPFO has introduced a simplified Universal Account Number based form, 10-D, for its subscribers for fixing their pension without employers' attestation.

Aug 18, 2016, 14:51 PM IST