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Employees Retirement Pension Benefits

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Cabinet approves assured pension for govt employees

Union Cabinet on Saturday approved an assured 50 per cent of salary as pension for 23 lakh government employees who joined service under the National Pension System (NPS). IMAGE: Information and......

The pension dilemma: Ring in the old, out with the new?

With organisations like the Bharatiya Mazdoor Sangh, which is a front of the Rashtriya Swayamsevak Sangh, telling Finance Minister Nirmala Sitharaman they want OPS back, the government is in a......

Why removing govt officers isn't easy

Compulsory retirement is part of a half-yearly exercise now for cases where government wants to weed out officers, but without taking the disciplinary proceedings route. IMAGE: Dr Jitendra Singh,......

It's All About Job Creation, Nirmalaji

'Is the Agniveer scheme or their post-retirement re-employment in paramilitary forces or in the state governments the BJP's answer to the crying need on the job front?' 'Or, even Finance Minister......

Rajasthan CM Confronts Dire Financial Crunch

Rajasthan is reeling under a huge financial burden with the state's debt having gone beyond Rs 5.59 lakh crores.Rajasthan has increased expenditure on education by 203.4 percent, by 105.4 percent......

Now you can make final PF pension withdrawal after 3 years

The board of retirement fund body EPFO has approved liberalised part withdrawals for its more than seven crore subscribers, allowing up to 100 per cent EPF withdrawal. Along with the above, it was......

Six states evince interest to join UPS, says PFRDA chairman S Ramann

The Unified Pension Scheme (UPS) adoption rate has risen to over 4.35 per cent, with more than 100,000 people out of 2.3 million eligible individuals opting for it, Pension Fund Regulatory and......

Trade unions against increasing pension, retirement age

A national co-ordination committee comprising all trade unions in the country for Employees Retirement Pension Benefits (1995) has strongly opposed the raising of retirement age from 58 to 60......

Bank staff get 17.5% wage hike, pension benefit

Banks and unions today settled on a 17.5 per cent hike in the salary of 702,000 public sector employees, besides agreeing to make 332,000 serving and retired employees eligible for pension. State......

The Sword Of Vigilance Hangs Over Bankers

'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials.This fear always deters PSB......

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