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India's pension system shows marginal improvement in global ranking: Report

India's pension system shows marginal improvement in global ranking: Report

Wed, Oct 19, 2022

Globally, Iceland was ranked at the top followed by the Netherlands, Denmark, Israel, Finland and Australia.

DA Hike: Salary of government employees in THIS state increased by 4%

DA Hike: Salary of government employees in THIS state increased by 4%

Thu, Sep 29, 2022

The chief minister further said the state will be spending an additional amount to implement the hike.

Onam bonanza: Kerala government to give bonus to staff, pensioners

Onam bonanza: Kerala government to give bonus to staff, pensioners

Mon, Aug 29, 2022

In order to meet its Onam commitments, the cash-strapped state government has to shell out an extra Rs 1,000 crore.

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Employees' Pension Scheme (EPS): This form must be filled to claim monthly or family pension

Employees' Pension Scheme (EPS): This form must be filled to claim monthly or family pension

Tue, May 28, 2019

Form 10D is meant specifically for EPS, which will help the claimant withdraw money on monthly basis.

Digital Life Certificate Jeevan Pramaan: Here's how pensioners can generate it

Digital Life Certificate Jeevan Pramaan: Here's how pensioners can generate it

Mon, May 06, 2019

Digital Life Certificate Jeevan Pramaan, recognized under the IT Act, is a facility provided by the government to help pensioners to save them from presenting themselves in person before the Pension Disbursing Officer.

Central government employees pension account: Here’s a list of factors you must note

Central government employees pension account: Here’s a list of factors you must note

Sat, Apr 06, 2019

Central government employees pension account: Currently, in India, pension is calculated at 50% of emoluments (last pay) or average emoluments (for last 10 months), whichever is more beneficial to the central government employees.

Pension calculator: Here is how your retirement money is fixed

Pension calculator: Here is how your retirement money is fixed

Wed, Apr 03, 2019

Pension calculator: The commutation factor will be with reference to age next birthday on the date on which commutation becomes absolute as per the New Table annexed to the CCS (Commutation of Pension) Rules, 1981.

Looking to investing in pension schemes? LIC Jeevan Shanti vs National Pension Scheme (NPS) - Find out which is better

Looking to investing in pension schemes? LIC Jeevan Shanti vs National Pension Scheme (NPS) - Find out which is better

Wed, Jan 30, 2019

A host of pension schemes option are available for Indian citizens, each one differentiating from each other.

Budget 2019 expectations: Pensioners urge Modi govt to give them minimum monthly pension of Rs 7500, along with DA

Budget 2019 expectations: Pensioners urge Modi govt to give them minimum monthly pension of Rs 7500, along with DA

Thu, Jan 24, 2019

Putting forth their demands, president, All India EPS-95 Pensioners Sangharsh Samiti, Commander Ashok Rout stated that members of EPS-95 and their wives should be provided free medical aid.

Shocking! Senior citizens pensions equivalent of Rs 92 at current value

Shocking! Senior citizens pensions equivalent of Rs 92 at current value

Fri, Dec 14, 2018

Addressing the question of the limited capacity of the State in meeting the expenses of the welfare measures for the elderly people, the court said: "The consideration of `economic budgeting` by the Centre and states must have been taken into account while enacting the legislation."

EPFO pensioners get this good news! All pension passbook updates on mobile phones now via Umang app

EPFO pensioners get this good news! All pension passbook updates on mobile phones now via Umang app

Fri, May 04, 2018

On this app, pensioner have to click ‘View Passbook’ option, and then need to mention PPO Number and Date of Birth information for validation. They would then receive an OTP to their registered mobile number. On entering OTP, ‘Pensioner Passbook’ will display the details of the pensioner like Name, DOB along with last pension credited information. The facility to download the financial year wise complete pass book details is also available, said the statement.

Pay Commission: Is govt considering an alternative for salary hike of Central staff

Pay Commission: Is govt considering an alternative for salary hike of Central staff

Tue, Jan 23, 2018

The 7th Pay Commission recommended that reviewing the pay matrix periodically instead of waiting for 10 long years to revise the salary and allowances

Pensioners, unorganised sector employees stage a dharna at EPF office

Pensioners, unorganised sector employees stage a dharna at EPF office

Wed, Dec 06, 2017

Of nearly 60 lakh pensioners under EPS-95, close to 40 lakh reportedly receive a sum of below Rs 1,500 per month and others a maximum of Rs 2,000-2,500.

7th Pay Commission: National Anomaly Committee may make changes in minimum pay hike

7th Pay Commission: National Anomaly Committee may make changes in minimum pay hike

Wed, Sep 27, 2017

The central government employees may get a hike in minimum pay hike from Rs 18,000 to Rs 21,000 under 7th Pay Commission.

7th Pay Commission: Latest news on HRA, DA and arrears

7th Pay Commission: Latest news on HRA, DA and arrears

Tue, Jun 27, 2017

The wait to get clarity on allowances like House Rent Allowance (HRA) and Dearness Allowance (DA) under the 7th Pay Commission may be over on Wednesday as the Cabinet is likely to convene a meeting and announce its decision.

Now subscribe to Atal Pension Yojana online; here's how

Now subscribe to Atal Pension Yojana online; here's how

Fri, Jun 16, 2017

It said, “This is the latest in the series of various initiatives taken by PFRDA for expansion of outreach of Atal Pension Yojana (APY), to give additional push to cover the as yet un-reached population at greater ease.”

Now, transfer, deposit Provident Fund benefits online, says Labour Ministry

Now, transfer, deposit Provident Fund benefits online, says Labour Ministry

Fri, May 19, 2017

"Such move is likely to benefit 4.5 crores EPF subscribers and around than 54 lakh pensioners," the Ministry said.

7th Pay Commission: With some allowances demands met, here's how you can calculate your new HRA, arrears

7th Pay Commission: With some allowances demands met, here's how you can calculate your new HRA, arrears

Tue, May 09, 2017

Two weeks more for the Cabinet to go over the recommendations of the Committee on Allowances report on the 7th Pay Commission which was submitted last week.

7th Pay Commission: Here are 9 key things for pensioners

7th Pay Commission: Here are 9 key things for pensioners

Thu, May 04, 2017

It said, "With the increase approved by the Cabinet, the annual pension bill alone of the Central Government is likely to be Rs1,76,071 crore."

7th Pay Commission: Pension committee submits report to NJCA

7th Pay Commission: Pension committee submits report to NJCA

Tue, Apr 04, 2017

After months of delay, the pension committee under 7th Pay Commission, has submitted its recommendation to Shiv Gopal Mishra, the convenor of National Joint Council of Action, a media report said.

7th Pay Commission: Employees ask for arrears from January 2016

7th Pay Commission: Employees ask for arrears from January 2016

Mon, Apr 03, 2017

The Committee on Allowances headed by Finance Secretary Ashok Lavasa is yet to submit its report on dearness allowance (DA) and transport allowance (TA) to the Central Government under its 7th Pay Commission (7CPC) recommendations.

7th Pay Commission: Govt clears additional 2% Dearness Allowance; read full details

7th Pay Commission: Govt clears additional 2% Dearness Allowance; read full details

Thu, Mar 16, 2017

Prime Minister Narendra Modi chaired Union Cabinet on Wednesday March 15, 2017 that approved the release of additional 2% Dearness Allowance (DA) to all central government employees under the 7th Pay Commission recommendations.

Cabinet approves additional 2% dearness allowance for govt employees, pensioners

Cabinet approves additional 2% dearness allowance for govt employees, pensioners

Wed, Mar 15, 2017

It has increased by 2% over the existing rate of 2% of the basic pay or pension, to compensate for price rise, said the government.

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