Page 6 - Pensions

Banks adopting different procedures for pensioners: All you need to know

Pension disbursing banks will also accept Aadhaar-enabled digital life certificate "Jeevan Pramaan", according to guidelines

Delhi govt freezes DA, DR for 220,000 employees, pensioners till July 2021

The dearness allowance for employees and dearness relief for pensioners were due from January 2020

Centre's dearness allowance move to save Rs 11,000 crore from military

The salary freeze will affect the military's 1,500,000 serving men and women - 1,265,000 in the Army, 83,500 in the Navy and 155,000 in the Air Force.

No pension cut to central govt employees: FinMin refutes news of 20% cut

"It is being reported that a 20 per cent cut in central government pensions is being planned. This news is false," the ministry tweeted.

Small savings schemes continue to score despite the steep rate cut

Despite the steep rate cut, you are unlikely to find better paying schemes without taking excessive risk

PPF to fetch 7.1%, NSC 6.8% as govt cuts small savings interest rates

This is because the government went for one of the steepest cuts of up to 1.4 percentage points in these interest rates to facilitate banks to lower their rates.

Coronavirus: EPFO to disburse pension early to 6.5 mn account holders

Earlier this month, the EPFO had issued a statement asking its subscribers to avail online for availing various facilities, including for their provident fund claims

ELSS: Get potentially higher returns with shortest lock-in tenure

Give these equity-linked instruments at least seven years to yield good returns

Govt to give special family pension to soldiers who get re-employed

The government has been receiving grievances from various quarters for grant of dual family pension including special or liberalised family pension for armed forces personnel on lines of government

600,000 pensioners to gain as EPFO's commutation come into play on Jan 1

These 630,000 pensioners had opted for commutation of their pension and got a lump sum amount at the time of retirement from their pension accumulations or fund before 2009

Telangana govt introduces app for pensioners to generate life certificate

The need for real-time verification of identity for different applications has always been profoundly felt

Budget 2019: Pension benefit extended to 30 mn retail traders, shopkeepers

FM says economy, which stood at $1.85 trillion five years back, has reached $2.7 trillion now, and is within capacity to reach $5 trillion in the next few years

Rs 100,000 as office expenses/yr for retired President, Rs 90,000 for ex-VP

The decisions have been taken by amending rules related to the President's Pension Rules, 1962 and the Vice-President's Pension, Housing and Other Facilities Rules, 1999