The govenment had earlier accepted the 7th CPC's slab-based system for determining disability pension
Govt employees will get a minimum pension of Rs 9,000 following the implementation of 7th Pay Commission's recommendations
The Attorney General, however, appealed for three months time from the apex court to address the issue
With this step, the pension release will be expedited and it will also help in quick resolution of pending issues, the Minister of State for Personnel, Public Grievances and Pensions, said
Before taking advantage of the facility, they should weigh the currency and tax implications
Additional tax incentives were introduced for NPS in Budget, none were provided for pension policies from insurers
Currently, 1.30 cr subscribers are registered under various schemes under NPS regulated by PFRDA
It was then decided that this suggestion will be placed before the competent authority for taking a decision in the matter
Ask your HR department for details about the fund, trustees and returns
The PFRDA Act has diluted the penal and enforcement provisions in the EPF Act, 1952
One of the key provisions of the law is that it exempts pension from attachment by any court
Plus, the pensions of legislators, who have served two or more terms, increases by Rs 1,000 every year
Workers could suffer cuts to their retirement savings of as much as 20%
SBI serves 50% of total defense pentioners; first tranche of arrear payment will be around Rs.1,465 crore